Durable Goods Orders Decline on Transportation

Washington, DC, Sept. 27, 2012 -- Durable goods orders fell 13.2% in August due mostly to significantly lower orders for cars and airplanes, according to the Commerce Department.

Economists had expected durable-goods orders to sink a seasonally adjusted 5.3% in August.

                                                                                                                                                                                                                                                                                                                                                                                                                             
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