Durable Goods Orders Wednesday, May 25, 8:30 A.M.
New orders taken by durable-goods manufacturers probably edged up by a small 0.2% in April, after a 0.8% increase in March and a 1.8% decline in February. That's the median forecast of economists surveyed by MMS International, a division of McGraw-Hill Inc. The falloff in auto and truck output last month indicates that orders for motor vehicles fell. Aircraft demand was probably weak as well. Shipments of durable goods were likely unchanged in April, after rising 0.7% in March. The small rise in new demand suggests that the backlog of unfilled orders probably fell again in April after dropping 0.1% in both February and March.
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