Tuesday, April 24, 2007

Durable Goods Orders in U.S. Probably Rose as Business Spending Rebounded

(Bloomberg) -- Orders for U.S. durable goods probably rose in March, signaling business spending started to recover as the first quarter ended, economists said before a government report today.

Orders for goods made to last several years rose 2.5 percent following an 1.7 percent gain in February, according to the median of 75 estimates in a Bloomberg News survey of economists. Bookings excluding transportation rose 1.1 percent, the first gain in three months, according to the survey.


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