Economic Indicators
Durable goods orders edge up 0.1% in May
2024.06.27 09:10
Investing.com — Orders for long-lasting U.S. manufacturing goods unexpectedly rose in May, but slowed versus the prior month, in a potential sign of sluggishness in industrial activity.
increased by 0.1% last month, slowing from a downwardly-revised mark of 0.2% in April, according to data from the Census Bureau on Thursday.
Economists had expected the figure, which includes orders for items like washing machines and airplanes, to decrease by 0.5%.
