The following statistics were released today on the state of the US economy:

Factory orders declined by -0.1% in January, led by weakness in durable goods, which fell -3.8%.

The ISM Non-Manufacturing Index rose five-tenths from last month to a better-than-expected 57.3.

That’s all for today, as we kick off a light week of statistics, with the exception of Friday’s Employment Situation.

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Dale Franks
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