UPDATE: IMF Cuts Global Growth Outlook to 3.4%
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Durable Goods Orders Rose 0.7% in June, Topping Expectations Amid Lagging Shipments
July 25, 2014 11:01 AM EDTDurable goods orders rose 0.7 percent to $239.9 billion in June, topping expectations of a 0.5 percent gain.
The U.S. Census Bureau reported that it was the fourth of the last five months for an increase in the reading.
Excluding transportation, new orders increased 0.8 percent, versus a 0.5 percent increase... More
