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Gain in Goods Demand Lifts U.S. Business Spending: Economy

Orders for U.S. durable goods climbed more than forecast in December, pointing to a rebound in business investment that will help support the world’s largest economy in early 2012.

Bookings for long-lasting goods advanced 3 percent after rising 4.3 percent the prior month, the biggest back-to-back gains in almost a year, according to Commerce Department data today in Washington. Other reports showed indexes of leading indicators and consumer comfort improved, jobless claims rose from an almost four-year low and sales of new houses dropped.