The US economy released this morning its Durable Goods Orders report for the month of July, where the report showed that Durable Goods Orders grew by 0.3% which is less and worse than the forecasted 3.0% climb yet better than the previous fall of 1.0%.

Durable Goods Orders Ex Transportation fell by 3.8% which is worse and opposite to the expected 0.5% climb and a continuation to the previous 0.6% fall.