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U.S. Durable-Goods Orders Rose in January

Wall Street Journal (02/26/15) Josh Mitchell

Durable-goods orders rose in January, suggesting manufacturers will increase production after a winter lull. Orders rose by 2.8%, according to the U.S. Department of Commerce. Economists polled by the Wall Street Journal had forecast orders would increase by 0.6%. Excluding the transportation category, orders rose 0.3%. Orders for nondefense capital goods—excluding aircraft—rose 0.6%.