US Durable Goods Orders Rebound in Positive Manufacturing Sign

US Durable Goods Orders Rebound in Positive Manufacturing Sign

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Orders for jetliners, machinery and other long-lasting durable goods rebounded last month in a positive sign for the important U.S. manufacturing sector, the Commerce Department said Friday.

The June increase of 0.7% was the fourth in five months and a signal of stronger overall economic growth this year, reports the Los Angeles Times.

(READ the story from the LA Times)

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