US Durable Goods Orders ex Defense MoM (Nov) M/M 6.6% (Prev. -1.3%, Rev. From -1.5%)

US Durable Goods Orders ex Defense MoM (Nov) M/M 6.6% (Prev. -1.3%, Rev. From -1.5%)

The substantial increase in US durable goods orders ex defense suggests a stronger momentum in the manufacturing sector, particularly as it reverses the previous month's decline. This data could imply a positive outlook for consumption and investment, potentially influencing the Fed's policy direction regarding interest rates and economic growth assessments.