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U.S. durable goods orders continue to rise but show signs of slowdown

U.S. durable goods orders continue to rise but show signs of slowdown

Orders for U.S. long lasting goods increased 0.9% in the month of November. Though this increase exceeds economists’ expectations, it is notably smaller than October’s 1.8% increase per a Commerce Department report. The growth was largely a result of an increase in orders for transportation equipment.

Warren
Warren
Top in Business