Non-defence capital goods orders surge 1.6% in July
In another positive sign, number of Americans filing for jobless benefits falls last week
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Washington
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 another report on Thursday showing an unexpected drop in the number of Americans filing for unemployment benefits last week.
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