GREY:NEVDQ - Post by User
Post by
bogfiton Dec 23, 2022 9:17am
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Post# 35189174
U.S. durable goods disappoint expectations in November
U.S. durable goods disappoint expectations in NovemberAnother tick on the bad side.
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Analysts noted a weakening in the underlying investment demand. “Business equipment investment was probably supported again this quarter from a further recovery in transport, as autos shortages eased, but we expect it to weaken more markedly next year as the full impact of the Fed’s aggressive tightening this year feeds through,” said Capital Economics senior U.S. economist Andrew Hunter." U.S. durable goods disappoint expectations in November, gold price steady above $1,800 | Kitco News b.