The Census Bureau reports “New orders for manufactured durable goods in August increased $3.9 billion or 1.7 percent to $232.8 billion, the U.S. Census Bureau announced today. This increase, up two of the last three months, followed a 6.8 percent July decrease. Excluding transportation, new orders increased 0.2 percent.”
Yep, new orders are up two of the last three months, but they are also up three of the last five, with two wild swings, one in each direction. Let’s investigate more details.
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