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U.S. Durable Goods Orders Pull Back Much Less Than Expected In December

New orders for U.S. manufactured durable goods pulled back by much less than expected in the month of December, according to a report released by the Commerce Department on Wednesday.

The Commerce Department said durable goods orders slumped by 1.4 percent in December after spiking by an upwardly revised 5.4 percent in November.

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by RTTNews Staff Writer

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