Demand for U.S. Capital Goods Rises by Most in Three Months
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Orders for U.S. capital goods climbed in August by the most in three months, a sign business investment continues to support the recovery.
Bookings for goods like computers and communications gear, excluding military hardware and aircraft, climbed 1.1 percent, the most since May, a Commerce Department report showed today in Washington. Demand for all durable goods dropped 0.1 percent, less than forecast.