July, Durable Goods | featured news

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Cars, Planes Push Up Durable Goods

Orders for long-lasting goods posted the strongest gain of the year in July due to demand for cars and airplanes, though weakness continued outside the transportation sector.

 

Durable-Goods Orders Jump 4.9%

Orders for durable goods rebounded sharply in July, up 4.9%, staging their biggest gain in two years on demand for planes and capital goods.

 

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