The Week Ahead


Wednesday, June 24, 8:30 a.m. EDT -- New orders taken by durable-goods manufacturers probably fell by 0.5% in May, says the median forecast of economists surveyed by Standard & Poor's MMS, a division of The McGraw-Hill Companies. The decline is a giveback expected after new orders jumped by 2.2% in April, led by the volatile aircraft sector. In addition, the continued fallout from the Asian financial crisis is hitting demand for capital goods.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.