Aircraft jump causes US durable goods to soar in June

| August 1, 2017

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WASHINGTON: Orders for major US manufactured goods spiked in June to a three-year high as civilian aircraft orders more than doubled, the Commerce Department reported Thursday. The monthly gain in durable goods orders was more than enough to reverse the consecutive declines of the prior two months and was also more than twice the gain expected by analysts.

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Hical Technologies Pvt Ltd

Hical Technologies manufactures High Reliability Transformers, Solenoids, Motors, Sensors and Systems Integration products for Aerospace, Defense, Automotive & Specialty Industrial Applications.

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