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·Confidence 90%

US Durable Goods Orders Increase 1.1% in July, Beating Estimates

Key takeaways

  • Durable goods orders in the US rose 1.1% in July, indicating a strengthening manufacturing sector that could impact GDP growth and Federal Reserve policies.

Analysis

Durable goods orders in the US rose 1.1% in July, indicating a strengthening manufacturing sector that could impact GDP growth and Federal Reserve policies.

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