US Durable Goods Orders ex Defense MoM (Mar) M/M -0.3% (Prev. -1.2%)

Context

Durable goods orders excluding defense showing a decrease of 0.3% in March, which is an improvement over the prior decline of 1.2%. This slight rebound may suggest stabilization in the manufacturing sector, but overall contraction indicates ongoing challenges. Market participants will look to how this data impacts expectations for future economic activity and potential implications for monetary policy, particularly in maintaining growth against inflation pressures.

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