US Durable Goods Orders Ex Transp MoM (Jan) M/M 0.4% vs. Exp. 0.5% (Prev. 0.9%, Low. -0.5%, High. 0.7%)
Context
The US Durable Goods Orders Ex Transport data for January indicates a 0.4% month-on-month increase, which falls short of the 0.5% expected and is down from the previous 0.9%. This miss could signal softening in the manufacturing sector, which may impact expectations for economic growth and influence monetary policy considerations moving forward.
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