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Market Update : 
Durable Goods Orders Decline 1.7% in February
Author: 123jump.com Staff
123jump.com
Last Update: 8:53 AM EDT March 26 2008



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New orders for manufactured durable goods in February decreased $3.6 billion or 1.7% to $210.6 billion, the U.S. Census Bureau announced today. This was the second consecutive monthly decrease and followed a 4.7% January decrease. Excluding transportation, new orders decreased 2.6%. Excluding defense, new orders decreased 1.6%.

 

 

 

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