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Factory orders unexpectedly dipped in August
August’s durable goods orders data was released Thursday morning, showing no change (0.0%) from the previous month, in line with economists’ expectations.
Additionally, August factory orders declined by 0.2%, below economists’ predictions of a 0.1% increase.
Catalysts co-hosts Seana Smith and Brad Smith analyze market reactions to these economic reports.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Angel Smith
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