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Orders for U.S. Capital Goods Rose After Revised May Drop

from Transport Topics

Bookings for non-military capital goods excluding aircraft climbed 1.4 percent after a 1.2 percent decrease in May, according to data from the Commerce Department. "We're seeing a continuation of the pattern we've seen, which has been relatively subdued growth in capital goods and equipment spending," said Ryan Wang, an economist at HSBC Securities USA Inc. more

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