Durable-Goods Orders Climb
By Jeff Bater
Word Count: 398
Demand for big-ticket manufactured goods was surprisingly strong in July, thanks to a dollar-fueled export boom that analysts warn may soon fade as overseas growth slows.

Orders for durable goods, items meant to last at least three years, jumped 1.3% last month, after increasing a revised 1.3% in June, the Commerce Department said Wednesday. The July gain partly reflected stronger demand for aircraft.

A barometer of business-equipment spending — orders for non-defense capital goods excluding aircraft — climbed by 2.6% …

This entry was posted on Wednesday, August 27th, 2008 at 1:05 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.