July 27 (Bloomberg) -- Orders for U.S.-made durable goods rose more than forecast in June, pointing to momentum in manufacturing that's likely to buttress the economy even as the housing market sputters.
The 3.1 percent increase, led by demand for commercial aircraft and computers, followed a revised 0.3 percent gain the month before, the Commerce Department said today in Washington. In a separate report from the Labor Department, initial jobless claims unexpectedly fell to a six-week low.
Orders for computers and electronics rose 3.4 percent last month after falling 2.1 percent. Communications equipment orders increased 8.3 percent after rising 6.6 percent the month before.
The 3.1 percent increase, led by demand for commercial aircraft and computers, followed a revised 0.3 percent gain the month before, the Commerce Department said today in Washington. In a separate report from the Labor Department, initial jobless claims unexpectedly fell to a six-week low.
Orders for computers and electronics rose 3.4 percent last month after falling 2.1 percent. Communications equipment orders increased 8.3 percent after rising 6.6 percent the month before.
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