US Durable Goods Orders MoM (Nov) M/M 5.3% vs. Exp. 3.7% (Prev. -2.1%, Rev. From -2.2%)
Newsquawk Staff ·
US Durable Goods Orders MoM (Nov) M/M 5.3% vs. Exp. 3.7% (Prev. -2.1%, Rev. From -2.2%)
What it means
The stronger-than-expected November Durable Goods Orders, coming in at 5.3% versus the 3.7% expectation, suggests a more resilient manufacturing sector. This could indicate an upward revision to growth forecasts and possibly influence the Fed’s policy stance, as robust demand may support tighter monetary conditions.
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