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BUSINESS PLANS

Orders for Durable Goods Fall to Six-Year Low
 

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Nov. 28, 2006 -- Orders for durable goods plunged by 8.3 percent in October to $210 billion following unexpected gains the previous month, the Commerce Department said on Tuesday.

The declines were driven by plummeting demand for civilian aircraft, which fell by 44.5 percent, the report said.

Excluding those declines, order for core capital goods were down by 5.1 percent, the report said.

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Last updated: Nov 28, 2006




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