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Wednesday, August 25, 2010

July durable orders up less-than-expected 0.3%

Wednesday, August 25, 2010
July durable orders up less-than-expected 0.3%ds rose 0.3% in July, the first increase in three months, on stronger demand for airplanes, the Commerce Department reported Wednesday. The increase was not as strong as expected as many sectors outside aircraft were weak. Economists surveyed by MarketWatch had expected a 2.7% gain. However, orders in June fell an upwardly revised 0.1%, much less

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