Factory orders unexpectedly dipped in August

Date:

Share post:


August’s durable goods orders data was released Thursday morning, showing no change (0.0%) from the previous month, in line with economists’ expectations.

Additionally, August factory orders declined by 0.2%, below economists’ predictions of a 0.1% increase.

Catalysts co-hosts Seana Smith and Brad Smith analyze market reactions to these economic reports.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Angel Smith



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Two US Navy pilots shot down over Red Sea in apparent 'friendly fire' incident, US military says

DUBAI, United Arab Emirates (AP) — Two U.S. Navy pilots were shot down Sunday over the Red...

Fleeing motorist is dead after driving into Texas shopping mall and injuring 5

KILLEEN, Texas (AP) — A fleeing motorist drove a pickup truck into a busy JCPenney store in...

Trump threatens to retake Panama Canal

President-elect Donald Trump threatened on Saturday that the U.S. would reassume control of the Panama Canal if...

I'm A Colorectal Cancer Doctor — Here Are 5 Things I'd Never, Ever Do

Colorectal cancer is the third-most common type of cancer around the world. In the earlier stages, it...

Turkey will do 'whatever it takes' if Syria government cannot address Kurd militia issue, minister says

ANKARA (Reuters) - Turkey will do "whatever it takes" to ensure its security if the new Syrian...

Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio

The war in Ukraine is draining Russia's inventory of weapons faster than replacements can be built, while...

New York's governor orders firing of prison staffers involved in inmate's fatal beating

NEW YORK (AP) — New York's governor has ordered more than a dozen prison staffers to be...

Lara Trump withdraws from consideration to replace Rubio in US Senate

By Jasper Ward(Reuters) -Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday she has removed her...