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Factory new orders +1.2% in August vs +0.9%.>

US DATA: Factory new orders +1.2% in August vs +0.9% expected, with 
durables orders +2.0% from the advance est. at +1.7%, and nondurables 
orders +0.4% on +2.2% petroleum and coal products. Total orders ex. 
transport +0.4%, after +0.5% in July. Nondef cap gds orders +4.9%, and 
+1.1% ex. aircraft. Total shipments +0.5% in August, with nondefense 
capital goods shipments -1.1% but +1.1% ex. aircraft. Total factory inv 
+0.4%, so combined with advance estimates of +1.0% for wholesale inv and 
+0.7% for retail inv, business inv would be +0.7% in the month based on 
an MNI calc, barring large revisions to the wholesale and retail data. 
See MNI Main Wire. 

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