Euro zone slowdown deepens as inflation stays sticky, vexing ECB
October PMI data show euro area growth cooling while inflation remains elevated, complicating ECB rate path.
58 min ago6 min read
July US factory orders rise 0.9%, beating 0.6% forecast
US factory orders rose 0.9% in July, above the 0.6% forecast. Durable goods orders matched preliminary figures.
02/09/2026 14:113 min read
- The previous month's reading was revised to -0.2% from -0.3%.
- New orders for manufactured goods increased 0.9% in July, compared with the 0.6% estimate.
- Durable goods orders for July came in at 1.1%, matching the preliminary figure. The prior month was 0.5%.
- Excluding defense, durable goods advanced 1.3%, in line with the preliminary reading. June's figure was 0.3%.
- Durable goods orders excluding transportation rose 0.4%, as initially reported. The previous month saw a 1.1% gain.
- Nondefense capital goods excluding aircraft were unchanged at 0.0%, compared with a preliminary estimate of 0.2%. Last month they increased 1.7%.
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