US durable goods orders drop in April

Economies.com
2019-05-24 12:35PM UTC

The US economy released at 12:30 GMT its reading for April's durable goods orders, which fell -2.1%, lower than forecasts of a -2.0% drop, and much lower than the previous reading of a rise by 2.6%.

 

Core durable goods orders (excluding transportation) for the same month, showed a rise by 0.0%, lower than forecasts for a 0.1% rise, and lower than the previous 0.3% rise.

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