Tuesday, June 26, 2007

Durable Goods Orders in U.S. Probably Fell in May on Fewer Plane Bookings

(Bloomberg) -- Orders for U.S. durable goods
probably fell in May for the first time in four months as a drop
in aircraft bookings masked improving demand for business
equipment, economists said before a government report today.

Orders for goods made to last several years fell 1 percent
after a 0.8 percent increase in April, according to the median
of 73 estimates in a Bloomberg News survey of economists.
Bookings excluding transportation rose 0.2 percent, a third
straight gain, based on the survey median.


Read more at Bloomberg Bonds News

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