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The Commerce Department released the U.S. durable goods orders. U.S. durable goods orders rose 0.8% in April, after a 2.9% gain in March. March’s figure was revised up to 2.9% from 2.6%. Analysts had expected a 0.4% decrease. April’s increase of durable goods orders was driven by demand for defence goods
U.S. core durable goods orders excluding transportation climbed 0.1% in April, after a 2.4% gain in March. March’s figure was revised up to a 2.4% increase from a 2.0% rise. Analysts had forecasted a 0.2% gain.
U.S. core durable goods orders excluding defence dropped 0.8% in April, after a 1.8% rise in March.
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