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Durable-Goods Orders Drop 2% in August

MarketWatch (09/24/15) Jeffry Bartash

Orders for durable goods declined a seasonally adjusted 2% in August, according to the U.S. Department of Commerce, largely because of fewer bookings for automobiles and aircraft. That was in line with the 2% decline forecast by economists surveyed by MarketWatch. Orders for core capital goods fell 0.2%. Shipments of core capital goods also declined 0.2%.