Durable Goods Orders Rebound After January’s Slump
March 28, 2012 at 10:26 AM EDT
New orders for durable goods rose 2.2% last month, taking some of the sting out of January’s sharp 3.6% tumble. February’s rebound isn’t particularly impressive next to last November’s 4.2% surge, or even December’s 3.3% increase. But the latest pop was enough to support the year-over-year pace and keep it firmly in 10%-plus territory. In [...]