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Headline Durable Goods Orders Up 3.4% in January

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[unable to retrieve full-text content] The latest new orders number at 3.4% month-over-month (MoM) was better than the Investing.com 1.1% estimate. The series is up 6.3% year-over-year (YoY). If we exclude transportation, "core" durable goods was up 1.4% MoM, which was better than the Investing.com consensus of 0.7%. The core measure is up 8.5% YoY.

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The latest new orders number at 3.4% month-over-month (MoM) was better than the Investing.com 1.1% estimate. The series is up 6.3% year-over-year (YoY). If we exclude transportation, "core" durable goods was up 1.4% MoM, which was better than the Investing.com consensus of 0.7%. The core measure is up 8.5% 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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