The U.S. published its durable goods orders data just a moment ago. Following last month’s solid figures, this time the release came in below expectations. The exact figures were as follows:
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Core durable goods orders in August: 0.4% MoM (vs expected: 1.2%)
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Durable goods orders in August: 0.4% MoM (vs expected: 1.5%)
Still, one should notice that last month's data was revised even higher - core durable goods orders rose 3.2% in July (revised from 2.6%) while durable goods orders advanced 11.7% (instead of 11.4%).
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