- Prior -1.0%; revised to -1.1%
Looking at the breakdown:
- Intermediate goods +0.1%
- Capital goods +1.8%
- Durable consumer goods +0.1%
- Non-durable consumer goods +0.4%
- Energy -1.8%
Not too positive in the details as the drag on the headline mainly comes from a drop in energy prices.
This article was written by Justin Low at www.forexlive.com.
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