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U.S. Durable Goods Orders Rise 0.5% in September

Core capital goods posted notable growth, indicating strength in business investment during the month.

Summary

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Terms & Concepts
  • Durable Goods Orders: A measure of new orders placed with domestic manufacturers for delivery of long-lasting goods, often used to assess manufacturing sector health.
  • Core Capital Goods: Non-defense capital goods excluding aircraft, representing business investment in equipment and machinery.