June 24, 2010

Durable Goods Orders Mixed in May

From the Economics and Statistics Administration:

New orders for manufactured durable goods in May 2010 decreased 1.1% from April, to $192.0 billion. Excluding transportation, new orders increased 0.9% from the prior month, to $145.1 billion. Total shipments decreased 0.4% to $196.0 billion.

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