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Monday, July 27, 2020

Orders for big-ticket manufactured goods jump 7.3% in June


Orders for big-ticket manufactured goods jump 7.3% in June



New orders for key U.S.-made capital goods increased more than expected in June and shipments accelerated, but the gains were likely insufficient to avert a historic plunge in business investment and the economy in the second quarter amid the COVID-19 pandemic.

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