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US July factory orders -2.1% vs -2.5% expected

Prior was +2.3% (unrevised)First decline after four consecutive increasesFactory order ex transport +0.8% vs +0.3% priorRevisions to durable goods - a component of factory orders showed:Durable goods orders -5.2% vs -5.2% preliminary. Durable goods ex defense -5.5% versus -5.4% preliminaryDurable goods ex transport +0.4% versus +0.5% preliminaryNondefense capital goods orders ex air +0.1% versus +0.1% preliminary (proxy for capital investments by businesses)Shipments of durable goods -0.1%Invent... Read More

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July

Factory

Orders

Expected

Forex

Posted: Sep 5 2023, 14:00

Author Name: forexlive

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