The Week AheadBy
DURABLE GOODS ORDERS Tuesday, Mar. 26, 8:30 a.m.
New orders for durable goods probably fell by about 0.6% in February, after dropping 1.8% in January, say economists surveyed by MMS International, a division of McGraw-Hill Inc. However, the steep 1.3% decline in durable goods output in February suggests that new orders may have fallen even more. That means the backlog of unfilled orders, which shrank by 0.1% in January, likely fell again in February.
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