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Tag: "July"

July Durable Goods Orders Come in Better Than Expected

New orders for manufactured durable goods in July increased $7.7 billion or 4.0 percent to $201.5 billion, the U.S. Census Bureau announced today. The report showed a return from weakness mainly in automobiles and aircraft manufacturing. And some renewed weakness in the defense sector. Excluding transportation, new orders increased just 0.7 percent. Cars and auto […]