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US Durable Goods Orders Rise on Steady Business Equipment Demand

  • Bookings for long-lasting goods increased 0.4% in April
  • Core capital goods orders and shipments continue to advance
A factory worker sands down a piece of a wooden chair at a furniture shop in Auburn, Kentucky.
A factory worker sands down a piece of a wooden chair at a furniture shop in Auburn, Kentucky.Photographer: Luke Sharrett/Bloomberg
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Orders placed with US factories for durable goods rose in April, highlighting firm and sustained demand for equipment and merchandise.

Bookings for durable goods -- items meant to last at least three years -- increased 0.4% in April after a downwardly revised 0.6% advance a month earlier, Commerce Department figures showed Wednesday. The figures aren’t adjusted for inflation.