Today’s Durable goods report showed some sizable increase. New Factory orders rose 2.5% in march after 0.7 % increase in the month prior.

Prior Consensus Consensus Range Actual
New Orders – M/M change -0.9 % 1.9 % 0.5 % to 3.0 % 2.5 %
Ex-transportation – M/M -0.6 % 1.3 %

 

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