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The U.S. Commerce Department released durable goods orders data today. The U.S. durable goods orders declined 1.3% in September, missing expectations for a 0.4% increase, after a 18.3% drop in August. August's figure was revised down from a 0.7% increase.
The U.S. durable goods orders excluding transportation fell 0.2% in September, missing expectations for a 0.5% gain, after a 0.4% rise in August. August's figure was revised up from a 18.4% decrease.
The U.S. durable goods orders excluding defence decreased 1.5% in September, after a revised 19.1% fall in August.
These figures could mean that worries over slowing global growth could have a negative impact on business confidence in the U.S.
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