U.S. August core capital goods orders rose 1.6% month-over-month, exceeding expectations, while durable goods orders were flat month-over-month.
U.S. core capital goods orders rose 1.6% month-over-month in August, exceeding market expectations, with July's increase revised up from 0.4% to 0.6%, data from the Commerce Department showed on Friday. In contrast, total durable goods orders were largely flat, a significant drop from the previous 1.1% increase, dragged down by a decline in Boeing orders.
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