Durable Goods Orders Very Strong In March
April 27, 2011 at 13:39 PM EDT
New Orders for Durable Goods rose 2.5% in March. That was well above the consensus expectations of an increase of 1.8%. In addition, the February numbers were revised sharply upwards. It was first reported as an decrease of 0.6%, but now they say new orders rose 0.6%. All in all, a nice combination of acceleration, [...]