Tuesday, May 27, 2014

US New Orders for Durable Goods rose 0.8% in April

New orders for durable goods rose by 0.8% in April 2014 to build on an upwardly revised gain of 3.6% (was 2.5%) in March and 2.6% in February. The April reading was well above market expectations for a 0.7% drop in the month. The monthly headline increase largely reflected strength



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