27 jun: Tirsdagens aktier: Overvejende positiv stemning
27 jun: Europa aktier: pæne stigning sent på dagen
27-06-2012 17:50:00

UPDATE: US Durables Orders, Pending Home Sales Post Gains in May

Relateret indhold
Relateret debat
13 maj - 
Et indsigtsfuldt indlæg. Og Lars Løkke kan nu med sinds..
13 maj - 
Min holdning er, at man skulle have købt Gripen. Forhol..
12 maj - 
Det var godt. Tænk, tast ,tal......😀

--Orders for durable goods grew by 1.1% in May to a seasonally adjusted $217.15 billion

--Machinery and defense orders drove overall increase

--Realtors index for pending sales of existing homes increased 5.9% in May

(Update combines durable goods and pending home sales reports. Adds comments from analysts starting in sixth paragraph.)

By Eric Morath and Alan Zibel

WASHINGTON--Orders for long-lasting goods posted their first gain in three months in May and activity in the housing market matched the highest level of the year, suggesting that two previously sputtering sectors are stabilizing.

Manufacturers' orders for durable goods, items such as airplanes and televisions designed to last at least three years, grew by 1.1% to a seasonally adjusted $217.15 billion, the Commerce Department said Wednesday. The improvement topped economists surveyed by Dow Jones forecast for a 0.4% increase.

Meanwhile, the National Association of Realtors said its seasonally adjusted index for pending sales of existing homes increased 5.9% on a monthly basis to 101.1. The results equaled March's reading, which was the highest since April 2010, when buyers were scrambling to qualify for federal tax credits. A reading of 100 is equal to the average level of activity in 2001. May's monthly gain topped economists' expectation for a 2.3% improvement from April's figures.

The gains in durable goods orders were mainly driven by robust demand from machinery, up 4.1% from the prior month, and a big rebound in defense capital goods orders, up 7.8% in May after a 24.1% drop the prior month.

Increases in those two categories accounted for 91% of the total growth in May orders, said Paul Edelstein, director of financial economics for IHS Global Insight. Otherwise gains were milder.

"May was not as strong as the headlines numbers suggest, but probably not a bad month either," he said. "Manufacturing activity is more in line with overall GDP growth, which is positive but muted."

In April, durable orders were revised down to $214.83 billion, a 0.2% decline from the prior month.

A key barometer of business investment grew in May. Orders for nondefense capital goods excluding aircraft increased by 1.6% after falling the prior two months, suggesting renewed confidence about the economic recovery.

Wednesday's report showed transportation-related orders increased 2.7% in May, as both automotive and aircraft demand rose. Outside transportation, orders for other durables increased 0.4% in May, after a 0.6% fall in April. Excluding orders related to defense, durables were 0.7% higher in May after rising 0.9% in April.

Wednesday's Realtors report showed the number of U.S. home buyers who signed contracts to purchase previously owned homes rose in May was up 13.3% from a year earlier. The Realtors' index tracks agreements to purchase homes. A sale is considered pending when the contract has been signed but the transaction hasn't closed. Pending sales typically close within one or two months of signing.

"It points to a decent pop in existing home sales activity in June," said Millan Mulraine, an analyst with TD Securities USA. "This improvement adds to the recent flow of good news on the housing sector, reinforcing our view that this beleaguered sector is finally on the mend."

Write to Eric Morath at eric.morath@dowjones.com and Alan Zibel at alan.zibel@dowjones.com

--Sarah Portlock contributed to this article.

(END) Dow Jones Newswires

June 27, 2012 11:50 ET (15:50 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Vestas får tyrkisk ordre på 26 MW - NY

29-06-2016 12:59:41
Vestas har sikret sig en ordre på otte af vindmøllekoncernens V126-3,3 MW-møller - eller i alt 26 megawatt.Kunden er tyrkiske Elfa Elektrik Uretim, og projektet..

Aktier/middag: Den grønne bølge fortsætter

29-06-2016 11:40:04
Genrejsningen fortsætter onsdag på det danske aktiemarked - og på de øvrige europæiske børser - efter de store fald fredag og mandag efter den britiske folkeafs..

Aktier/tendens: Optimismen ser ud til at have bidt sig fast

29-06-2016 08:27:30
Efter nogle ordentlige prygl både fredag og mandag endte de danske aktier tirsdag med at tage revanche og genfinde noget af den tabte optimisme. Den tendens ser..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Optimismen ser ud til at have bidt sig fast
2
Aktier/middag: Den grønne bølge fortsætter
3
Novo-konkurrenter får FDA-anbefaling til diabetespille - NY
4
Veloxis kan mærke sin nyremedicin egnet til afro-amerikanere
5
KORR:Novo/Sydbank: FDA-anbefaling af rivals pille godt for Novo

Relaterede aktiekurser

Boeing Company (The) 126,99 2,5% Stigning i aktiekurs
Lockheed Martin Corporat.. 244,08 1,3% Stigning i aktiekurs
Northrop Grumman Corpora.. 217,24 0,5% Stigning i aktiekurs
Boeing CO COM STK USD5 125,95 1,2% Stigning i aktiekurs
Boeing Company 117,00 0,9% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
30. juni 2016 01:32:39
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160627.1 - EUROWEB3 - 2016-06-30 01:32:39 - 2016-06-30 01:32:39 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x