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Market Impact: 0.22
U.S. Factory Orders Rebound More Than Expected In July
Source: Nasdaq
Economic DataConsumer Demand & Retail
U.S. new orders for manufactured goods rebounded in July by more than expected, according to a Commerce Department report. The upside surprise in orders signals improving demand for domestic industrial output, which is mildly supportive for the growth outlook.
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mildly positive
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0.18
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