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  • Durable goods orders rise 1.8%

    May's gain, the third increase in the last four months, offers further evidence that U.S. economic activity is beginning to stabilize

    Industrial Distribution Staff -- Purchasing, 6/24/2009 12:56:52 PM

    New orders for manufactured durable goods rose nearly 2 percent in May, exceeding analysts' expectations and offering further proof that the economy is beginning to climb out of its deep recession.

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