Buoyant durable goods underpin U.S. economy - 2006-01-26
The US manufacturing sector finished last year in healthy fashion, with durable goods orders climbing by 1.3 per cent. Even with excluding the volatile transport sector, orders were 0.9 per cent higher. Core capital goods orders surged 3.5 per cent. Economic growth for the 2006 year is expected to be 3.6 per cent, with an inflation rate of 2.8 per cent.
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