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Non-defence capital goods orders surge 1.6% in July

In another positive sign, number of Americans filing for jobless benefits falls last week
Friday, August 26, 2016 - 05:50

Initial claims for US state unemployment benefits slipped 1,000 to 261,000 for the week ended Aug 20.


NEW orders for US manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was starting to ease.

The economy also got a boost from

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