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U.S. Durable Goods Orders Jump 1.2% In December But Miss Estimates

Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Thursday showing a significant increase in U.S. durable goods orders in the month of December.

The report said durable goods orders surged up by 1.2 percent in December after jumping by an upwardly revised 1.0 percent in November.

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by RTTNews Staff Writer

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