Global Economic News

U.S. Durable Goods Orders Plunge More Than Expected In January

New orders for U.S. manufactured durable goods saw a substantial decrease in the month of January, according to a report released by the Commerce Department on Tuesday.

The Commerce Department said durable goods orders dove by 6.1 percent in January after falling by a revised 0.3 percent in December.

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by RTTNews Staff Writer

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