Bloomberg reported that orders for U.S. durable goods probably rose in July by the most this year, reflecting a jump in aircraft demand that overshadowed slowdowns among other manufacturers, citing economists before the report is released later today (8/24/12).
The article noted that Boeing received orders for 260 aircraft last month, the most since December and quoted Ward McCarthy, chief financial economist at Jefferies & Co. in New York as saying, “It’s pretty much Boeing.”
To read the full Bloomberg article click here.
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