DURABLE GOODS ORDERS TANK 5.7%
Apr 24, 2013, 18:00 IST
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Total orders fell 5.7% in March versus expectations of a smaller, 3.0% decline.
Orders for nondefense capital goods excluding aircraft and parts (a.k.a. "core capex") rose 0.2%. Economists were looking for a 0.3% increase.
February's 5.7% growth in total orders was revised down to 4.3%.
February core capex was revised down to -4.8% from -2.7%.
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