Durable Goods Orders Significantly Disappoint In March


After February’s surprise (weather-impacted) tumble, Durable Goods Orders were expected to rebound strongly in preliminary March data but they were disappointed. Against expectations of a sturdy 2.3% MoM jump, Durable Goods Orders rose just 0.5% MoM (orders were revised up modestly to -0.9% for Feb. from -1.2%)… Source:…

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