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www.Refinance-Internet.com - Refinance Rates, Refinance Programs, Refinance Payments
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Glossary of Economic Terms |
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Durable Goods Orders |
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This gives a reading on the countrys future manufacturing activity. Durable goods include those manufactured items with a normal life expectancy of three years or longer. An increase in the amount of durable goods orders may indicate an expansion in the economy and, if inflationary, the Federal Reserve could choose to tighten money by raising interest rates. Bond Market Moves Down In Price.
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