US Durable Goods Orders Ex-Defense Jump 1.3% in July, Signaling Resilient Business Investment

BitcoinWorld US Durable Goods Orders Ex-Defense Jump 1.3% in July, Signaling Resilient Business Investment US durable goods orders excluding defense rose 1.3% in July, up from a revised 0.3% increase in June, according to data released today by the Commerce Department. The stronger-than-expected gain points to continued resilience in business investment despite elevated borrowing costs and economic uncertainty. What the Data Shows The ex-defense figure strips out volatile military [...] This post US Durable Goods Orders Ex-Defense Jump 1.3% in July, Signaling Resilient Business Investment first appeared on BitcoinWorld .