U.S. durable goods orders rise on defense, but business spending plans weak

mardi 27 mai 2014

File image of shoppers look at durable goods appliances at a Home Depot store in New York Orders for long-lasting U.S. manufactured goods unexpectedly rose in April, but a drop in a measure of business capital spending plans could temper expectations for a sharp rebound in economic growth this quarter. The Commerce Department said on Tuesday durable goods orders increased 0.8 percent as demand for defense capital goods surged and orders for fabricated metal products, transportation equipment and electrical equipment, appliances and components rose. Durable goods range from toasters to aircraft and are meant to last three years or more. Economists polled by Reuters had forecast durable goods orders falling 0.5 percent last month after a previously reported 2.5 percent rise in March.








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