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Durable goods orders in surprise fall

Drop reflects broad-based retreat that raises the risk of investments cooling

[NEW YORK] Orders for durable goods unexpectedly slumped in December by the most in five months, reflecting a broad-based retreat that raises the risk business investment will cool in early 2014. Bookings for goods meant to last at least three years dropped 4.3 per cent after a 2.6 per cent gain

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