Durable goods, home sales lift economic outlook

08/27/2009 | National Public Radio

Orders for durable goods increased at the fastest pace in two years last month. Economists pointed to the Commerce Department report that showed a 4.9% increase in durable-goods orders -- along with a 9.6% increase in the pace of sales of new homes -- as evidence that the worst of the recession may be in the past. The improved durable-goods numbers were helped in part by increased aircraft demand for Boeing.

View Full Article in:

National Public Radio

Published in Brief: