New Durable Goods Orders Tumble In April
May 25, 2011 at 10:19 AM EDT
New orders for durable goods suffered a hefty fall last month, dropping 3.6% in April on a seasonally adjusted basis, the Census Bureau reports. That’s the biggest monthly slide since last October’s 3.7% retreat. This isn’t news we want to hear right now, given renewed worries of an economic slowdown. What’s more, there’s no statistical [...]