Durable Goods Up By Tony Crescenzi About this article: Orders for durable goods increased 1.9% in April, but the prior month's 0.8% decline was revised sharply lower to a 2.1% decline. Excluding transportation orders, durable goods orders increased 0.8% following the previous month's 2.7% decline, which was revised from -0.6%. The revisions take the shine away from the data and put the level of new orders roughly equal to the consensus forecast for the headline reading and about a percentage point lower for the core reading, the ex-transportation reading. Nevertheless, the three-month trend is slightly up for all orders and only slightly down for core orders, a big shift from previous months, as evidenced by the 26.6% and 25.2% year-over-year declines, respectively. Orders for non-defense capital goods orders, which are a key gauge of capital spending, fell 1.5% in April following a 1.4% decline in March. Shipments of these goods, which are used as source... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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