Jobless Claims Drop; Durable Goods Demand Rises

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Oct. 25 (Bloomberg) -- U.S. Jobless claims decreased by 23,000 to 369,000 in the week ended Oct. 20 from a revised 392,000 the prior period, the Labor Department reported today in Washington. Demand for durable goods climbed 9.9 percent last month, reflecting a rebound in airplane orders. Bookings for non-defense capital goods excluding aircraft, were little changed, a Commerce Department report showed today. Betty Liu and Michael Mckeee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)


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