This article appeared online at TheNewAmerican.com on Monday, July 27, 2020:
Bookings for durable goods orders — those designed to last at least three years — jumped another 7.3 percent in June, following May’s 15.1-percent surge. Economists were expecting a 6.9-percent increase.
Behind the jump were orders for motor vehicles and parts, which leapt 85.7 percent in June following May’s 28.8-percent gain.
The two-month rally suggested that