Durable Goods Orders Jump on Boeing Deals, But Business Investment Rises
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Orders for durable goods jumped 4.7% in September, largely due to new Boeing airplane contracts.
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Most manufacturers besides Boeing saw smaller improvements in new orders.
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Transportation sector often exaggerates ups and downs in durable goods report.
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Overall business investment rose strongly for second month in a row.
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Higher borrowing costs are usually a big drag on business investment.