Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here come durable goods ...

Akin OyedeleJul 27, 2016, 17:44 IST

Boeing

A preliminary report on durable goods orders during June is set for release at 8:30 a.m. ET.

Economists forecast that orders for goods built to last fell 1.4%, according to Bloomberg estimates. The headline drop could reflect a decrease in aircraft orders.

Excluding transportation, economists estimate that orders rose 0.3%. Capital goods orders for non-defence items excluding aircraft are estimated to have increased by 0.2%.

These would all be improvements from May, when the data showed a slowdown in business spending. The monthly numbers are usually volatile and are subject to revision.

More to come ...

NOW WATCH: This video proves the US Navy and US Marine Corps have the best diving boards and swimming pools

Please enable Javascript to watch this video