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Durable-goods orders surge due to Boeing plane contracts

Por: MarketWatch Politics October 26, 2023

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If airplanes and cars are stripped out, new orders rose a more modest 0.5% last month, That was in line with forecasts. The transportation sector often exaggerates the ups and downs in the durable-goods report. In another positive, overall business investment rose strongly for the second month in a row. So-called core orders increased 0.6%. That figure omits defense and transportation and is a proxy for broader business investment. Companies... + full article



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