Businesses spend more on big-ticket purchases
by Associated Press Published: June 24,2010
Tags: durable goods, factory orders, manufacturing, recession
WASHINGTON — Businesses spent more on big-ticket goods in May, as manufacturing continued to be a source of strength in the economic recovery. Overall, factory orders for durable goods fell 1.1 percent last month, the Commerce Department said today. But that was largely the result of a drop in demand for commercial aircraft. Excluding the [...] [...]
