US: demand for durables decreases

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

Orders for durable goods in US decreased by 0.7% in October; the sector was mainly affected by a fall in commercial transportation. However, the decrease is lower than expected as the forecast was 1.5% decline. Bookings for transportation devices, extremely volatile sector, were down by 4.8% while orders for aircraft fell by 16.4%.

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Wed, 23 Nov 2011 14:44:58 GMT

Jobless claims again rose

The number of jobless claims in the US is higher than reported earlier, announced the Labor Department. The claims increased by 2,000 to a seasonally adjusted 393,000 while last week it was reported that the number of claims fell to 388,000. Experts predict that the number of unemployment-insurance benefits will continue to fluctuate near 400,000 until there will be an essential increase in hiring.

Wed, 23 Nov 2011 14:41:08 GMT

US savings rise in October

According to Commerce Department, Americans have increased their savings in October while the consumption has slightly declined. The rate of personal savings increased by 3.5% compared to 3.3% in September. Incomes advanced at faster pace than spending. Personal income surged by 0.4% in October while Americans improved their consumption only by 0.1%.

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