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Durable-goods orders sink 1.7% in April, but strip out Boeing planes and the numbers look good

Business investment rebounds, points to stronger second quarterOrders for durable goods - stuff designed to last at least three years - fell sharply in April because fewer contracts were signed for passenger planes. The numbers: Durable-goods orders fell 1.7% April, but the dropoff stemmed almost entirely from a decline in contracts for Boeing (BA) planes. Economists surveyed by MarketWatch had forecast a 1% decline in orders for durable goods — products made to last at least three years.