5/25, 2:30 PM (Source: TeleTrader)
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US durable goods orders up 0.4% in April

Durable goods orders in the United States increased by 0.4% in April compared to the previous month and stood at $265.3 billion, according to a preliminary report by the US Census Bureau on Wednesday. The growth was softer than the expected 0.6%.

Shipments of manufactured durable goods in April were up by 0.1% to $264.3 billion compared to March, while inventories grew by 0.8% to $479.4 billion. Unfilled orders increased by 0.5% to $1,106.7 billion.

Baha Breaking News (BBN) / DJ