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Core Durable Goods Orders Contract For 20th Straight Month - Longest Non-Recessionary Streak In US History

In the last 60 years, the US economy has never suffered such a long contraction in core durable goods orders (20 months) without officially being in recession. It's probably nothing... US Durable Goods New Orders Ex Transports YoY down for the 20th straight month... Headline (short-term) data beat thanks to notably lower revisions. Durable Goods Orders unchanged MoM (exp -1.
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