Durable goods turn out to be a summer flop

David Brancaccio Aug 26, 2013
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Durable goods turn out to be a summer flop

David Brancaccio Aug 26, 2013
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Orders for expensive things that last quite a long time are down. There’s news today that orders for durable goods fell sharply in July. Bill Stone, chief investment strategist at PNC Wealth Management, explains what happened, and what this means for the economy.

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