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26th Aug 2024 11:09USDaily Monitor

  • Ignore the near-10% surge in headline durable goods orders in July; the details were weak…
  • …Real core capital goods shipments fell by 0.5%, pointing to falling equipment investment in Q3.
  • A hit to sentiment among Republicans probably weighed on overall consumer confidence in August.

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Keywords for: 27 August 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence