Orders for U.S. Capital Goods Rose in July by Most in a Year

Updated on
  • Gain in total orders beat all estimates in Bloomberg survey
  • Demand climbed for autos, communications gear and electronics

U.S. Durable, Capital Goods Orders Climb in July

Orders for capital goods increased in July by the most in more than a year, showing corporate spending was finding its footing prior to the turmoil in financial markets.

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