Durable Goods Orders Fell 1% in June

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Durable goods orders fell 1% in June, the second straight monthly decline.

New orders in June fell $2 billion to $190.5 billion, the Commerce Department said in a statement. Excluding transportation, new orders fell 0.6%. Excluding defense, new orders fell 0.7%.

Durable goods orders fell 0.8% in May.

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