(The Center Square) – August’s durable goods orders were down slightly from July’s at just over $338.6 billion but up from a year ago by 8.5% or $26.5 billion, according to the latest Census Bureau report.
Orders of “durable goods” are orders placed with U.S. manufacturers for big-ticket items that typically last at least three years, like industrial machinery, appliances, electronics, vehicles and furniture.
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