Investing.com - U.S. July durable goods orders recovered more than expected in July, official data showed Wednesday.
The Commerce Department said durable goods orders rose 4.4% from June when they declined 4.2%.
The June figure was revised from an initial reading of a fall of 3.9%.
Analysts had expected durable goods to rise 3.3% in July.
Core durable goods orders jumped 1.5 % vs. a forecast increase of 0.5%.