International Economic

US durable goods orders rise unexpectedly in April

By Alexander Bueso

Date: Friday 24 May 2024

(Sharecast News) - Durable goods orders in the US rose unexpectedly in April, but on the back of a sharp downwards revision to the prior month's figures.
According to the Department of Commerce, in seasonally adjusted orders for durable goods increased at a month-on-month pace of 0.7% last month to reach...

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