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In a surprising turn, the US Commerce Department announced a significant decline in durable goods orders for April. This unexpected drop follows a strong performance in March, raising questions about ...
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, tumbled 1.3% last month. That was the largest drop since last October and followed an ...
Preliminary estimates of durable goods orders in the US showed a less sharp than expected dip in April. The decline was 6.3% versus a 7.5% jump a month earlier and an expected 7.6% drop.
New orders for manufactured durable goods slid 6.3% M/M to $296.3B in April, less than the -8.1% consensus, and reversing from the 7.6% M/M increase in March, which was revised from 9.2%.
Demand for durable goods sank in April, the month that President Trump announced his sweeping “Liberation Day” tariffs, dragged by lower aircraft orders. Total orders for goods made to last at ...
Excluding the steep drop by orders for transportation equipment, durable goods orders rose by 0.2 percent in May after dipping by 0.2 percent in April. Ex-transportation orders were expected to ...
Orders for durable goods –items designed to last three years or more–fell 6.3% last month after a hefty revised 7.6% gain in March, the Commerce Department’s Census Bureau said on Tuesday.
(RTTNews) - With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable ...
"More and more signs of the trade war showing up the “hard data” — take the Commerce Department’s latest report on orders for durable goods. It showed the biggest drop in six months ...
Demand for durable goods sank in April ... a little better than the 7.8% drop expected by economists polled by The Wall Street Journal. Transportation equipment orders dived 17.1% on month ...
WASHINGTON, May 27 (Reuters) - New orders for key U.S.-manufactured capital goods plunged by the most in six months in April amid mounting uncertainty over the economy because of tariffs ...