Durable Goods Orders Climb, Home Sales Decline# Stock
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U.S. Economy: Durable Goods Orders Climb, Home Sales Decline
By Shobhana Chandra and Bob Willis
March 24 (Bloomberg) -- Orders for durable goods rose in February for a
third month and new-home sales fell to the lowest on record, indicating
manufacturing will stay at the forefront of the economic recovery.
The 0.5 percent increase in bookings for long-lasting goods followed a 3.9
percent surge the prior month, the Commerce Department said today in
Washington. Excluding transportation equipment, o
By Shobhana Chandra and Bob Willis
March 24 (Bloomberg) -- Orders for durable goods rose in February for a
third month and new-home sales fell to the lowest on record, indicating
manufacturing will stay at the forefront of the economic recovery.
The 0.5 percent increase in bookings for long-lasting goods followed a 3.9
percent surge the prior month, the Commerce Department said today in
Washington. Excluding transportation equipment, o