Bloomberg (07/25/13) Michelle Jamrisko
Orders for U.S. durable goods rose 4.2% in June, according to the U.S. Department of Commerce, indicating a rise in demand that will aid the manufacturing industry and general economy in the second half of 2013. Economists surveyed by Bloomberg had forecast an increase of 1.4%. Gains in residential real estate and motor vehicles sales are offsetting weak foreign demand.
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