US March core capital goods orders barely rise while durable goods orders drop

US March core capital goods orders barely rise while durable goods orders drop

The Commerce Dept announced that orders for non-defense capital goods excluding aircraft, edged up 0.1% in Mar against economists poll expectation of 6% decline. The core capital goods data for Feb was revised to 0.8% decline instead of 0.9% reported earlier. The US durable goods orders fell 14.4% in the month, compared with expectations for an 11.9% drop. Durable goods orders rose 1.2% in Feb.

Milan
Milan
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