Global Economic News

U.S. Durable Goods Orders Jump Amid Rebound In Aircraft Demand

Reflecting a significant rebound in orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods jumped by much more than expected in the month of March.

The Commerce Department said durable goods orders surged up by 2.7 percent in March after tumbling by a revised 1.1 percent in February.

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by RTTNews Staff Writer

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