US durable goods orders rose in February, led by aircraft

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WASHINGTON (AP) — Greater demand for commercial aircraft helped U.S. businesses increase their orders for long-lasting manufactured goods in February, but a key category that tracks business investment plans slipped slightly.

The Commerce Department said Friday that orders for durable goods rose 1.7 percent in February and an upwardly revised 2.3 percent in January. Orders so far this year are running 1.6 percent higher than in the first two months of 2016.

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