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U.S. Durable Goods Orders Rebound More Than Expected In March

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

New orders for U.S. manufactured durable goods rebounded by more than expected in the month of March, according to a report released by the Commerce Department on Wednesday.

The Commerce Department said durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.2 percent in February.

Economists had expected durable goods orders to rise by 0.5 percent compared to the 1.3 percent slump that had been reported for the previous month.

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