Forex News: 28.03.2007 U.S. Feb. durable goods orders rise 2.5%
Orders for durable goods climbed by 2.5% in February as defense and non-defense aircraft orders bounced back following big declines a month earlier.
Excluding transportation orders, however, durable goods orders declined by 0.1% in February.
The rise in orders for durable goods was mostly powered by an 88.4% increase in orders for non-defense aircraft. Orders for defense aircraft and parts rose by 29.2% in February.
Economists were expecting durable goods orders to rise by 3.8% in February.
posted by Kalin Tasev @ 6:06 AM
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