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Durable Goods Orders Posted A Broad-Based Rebound In March

26 April 2022

New orders for durable goods increased 0.8 percent in March, rebounding from a 1.7 percent drop in February. New orders for nondefense capital goods excluding aircraft, or core capital goods, a proxy for business equipment investment, jumped 1.0 percent in March after falling 0.3 percent in February.