Durable Goods Orders Fall 0.3% in May

Newman, Emily
June 2003
Bond Buyer;6/26/2003, Vol. 344 Issue 31665, p2
Trade Publication
Driven by a decrease in orders for transportation equipment, new orders for durable goods, excluding semiconductors, fell 0.3% in May 2003. The overall change in new orders came as IFR BondData America's poll of economists projected a 1.5% increase. Within new orders, orders for transportation equipment had the largest decrease, $800 million, or 1.6%, to $49.2 billion.


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