Global Economic News

U.S. Durable Goods Orders Edge Slightly Lower For Second Straight Month

A report released by the Commerce Department on Tuesday showed a modest decrease in new orders for U.S. manufactured durable goods in the month of August.

The Commerce Department said durable goods orders slipped by 0.2 percent in August after edging down by 0.1 percent in July. Economists had expected durable goods orders to decline by 0.4 percent.

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by RTTNews Staff Writer

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