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

New orders for U.S. manufactured durable goods rebounded in March by more than expected, indicating stronger-than-forecast factory activity. The report is a modest positive for the economic outlook, though the article provides no exact figures and is unlikely to move markets materially on its own.

Analysis

New orders for U.S. manufactured durable goods rebounded in March by more than expected, indicating stronger-than-forecast factory activity. The report is a modest positive for the economic outlook, though the article provides no exact figures and is unlikely to move markets materially on its own.