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LATEST US DATA
US core capital goods orders post biggest drop in a year
New orders for key US-made capital goods unexpectedly fell in October after three straight months of hefty gains, but a sustained increase in shipments points to strong momentum in the economy as the year winds down.
PHOTO: REUTERS
Washington
NEW orders for key US-made capital goods unexpectedly fell in October after three straight months of hefty gains, but a sustained increase in shipments points to strong momentum in the economy as the year winds down.
The Commerce Department said on Wednesday that orders...
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