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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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[unable to retrieve full-text content][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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Doug Short considers the following as important:
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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.