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Headline Durable Goods Orders Up 1.2% in February

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[unable to retrieve full-text content] The latest new orders number at 1.2% month-over-month (MoM) was better than the Investing.com -0.8% estimate. The series is down 0.1% year-over-year (YoY). If we exclude transportation, "core" durable goods was down 0.6% MoM, which was worse than the Investing.com consensus of -0.4%. The core measure is down 0.9% YoY.

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Headline Durable Goods Orders Up 1.2% in February

The latest new orders number at 1.2% month-over-month (MoM) was better than the Investing.com -0.8% estimate. The series is down 0.1% year-over-year (YoY). If we exclude transportation, "core" durable goods was down 0.6% MoM, which was worse than the Investing.com consensus of -0.4%. The core measure is down 0.9% YoY.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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