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USA: -0.4% of durable goods orders in September

(CercleFinance.com) – The Commerce Department announces a 0.4% decline in durable goods orders in the United States last month, however less pronounced than the consensus, after a gain of 1.3% (revised from an initial estimate which was + 1.8%) in August.

Orders excluding transport – an indicator considered to be a good barometer of business investment projects – rose 0.4% in September, as orders for transport equipment fell 2.3%.

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