The Week Ahead: Durable Goods Orders

Thursday, June 23, 8:30 a.m.

The MMS economists figure that new orders taken by durable-goods manufacturers increased a small 0.5% in May, after dipping 0.1% in April. The backlog of unfilled orders probably fell 0.6%, after rising 0.1% in April. The weakness in demand reflects slower economic growth, especially in sectors affected by the recent rise in interest rates.

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