Orders for US durable goods rebounded in July

August 25, 2016 12:32 PM

25 0

Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.

Orders for durable goods jumped 4.4 percent in July, rebounding from a 4.2 percent plunge in June, the Commerce Department reported Thursday. The changes in both months were driven by swings in the volatile category of commercial aircraft.

Read more

To category page

Loading...