Durable goods orders fall slightly less than expected in May
Seeking Alpha ·
May new orders for manufactured durable goods: -4.5% M/M to $332.1B vs. -4.7% consensus and +8.5% prior (revised from +7.9%), according to data released by the U.S. Census Bureau on Thursday. New orders, excluding transportation: +1.3% vs. +0.4% consensus and +1.4% prior (revised from +1.1%). New orders, excluding defense: -4.6% M/M vs. +8.4% prior (revised from +8.1%). Global Bonds Stumble As Surging U.S. Dollar Piles On The Pain Dollar Consolidates, Oil Slips Lower, Equities Helped By Micron Earnings New home sales unexpectedly drop in May as home prices rise Current account deficit widens less than expected in Q1
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