Global Economic News

U.S. Durable Goods Orders Climb 0.8% In June, Much Less Than Expected

While a report released by the Commerce Department on Tuesday showed new orders for U.S. manufactured durable goods saw continued growth in the month of June, the increase came in well below expectations.

The Commerce Department said durable goods orders climbed by 0.8 percent in June after spiking by an upwardly revised 3.2 percent in May.

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by RTTNews Staff Writer

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