The numbers: Orders for long-lasting goods made in America jumped 4.7% in June due to a flush of new contracts for Boeing passenger planes. A key measure of business investment also rose for a third month in a row in a good sign for the economy.Orders rose a milder... The numbers: Orders for long-lasting goods made in America jumped 4.7% in June due to a flush of new contracts for Boeing passenger planes.
Durable goods are items like planes, cars, appliances and machines meant to last a long time. Orders rise in an expanding economy and shrink in a contracting one.
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