(Bloomberg) -- Copper futures fell in New York on
concern that an economic slowdown in the U.S., the second-
largest consumer of the metal, will curb demand.
Orders for durable goods excluding transportation equipment
in the U.S. unexpectedly fell in June for a second month, the
Commerce Department said today. Sales of existing homes in June
fell for a fourth month, a report showed yesterday. Copper, used
in homes, appliances and cars, has declined 12 percent since
reaching a record in May 2006 as demand waned in the U.S.
Read more at Bloomberg Commodities News
concern that an economic slowdown in the U.S., the second-
largest consumer of the metal, will curb demand.
Orders for durable goods excluding transportation equipment
in the U.S. unexpectedly fell in June for a second month, the
Commerce Department said today. Sales of existing homes in June
fell for a fourth month, a report showed yesterday. Copper, used
in homes, appliances and cars, has declined 12 percent since
reaching a record in May 2006 as demand waned in the U.S.
Read more at Bloomberg Commodities News
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