During July, a considerable increase was noticed in big-ticket orders for the US factories. It indicates continued progress in export sales and a boost to business investment that has been decreasing in recessive economic conditions in the US for the past many months.
However, some economists seem worry as they believe that increasing economic weakness overseas and a rebound in the value of the dollar can become the cause to end this export boom till the end of this year.
On Wednesday, the Commerce Department reported that there was a 1.3 percent increase in durable goods orders in last month and it was far above than 0.1 percent that Wall Street was expecting.
