U.S. durable goods orders fell 2.9 percent in April; March's gain revised up to 5.7 percent

May 26, 2004

May 26, the U.S. Commerce Department said April's durable goods orders fell 2.9 percent, the largest decrease since a 6.0 percent decline in September 2002. However, March's gain was revised up again to 5.7 percent from 5.0 percent.

Manufacturing with unfilled orders was down 3.4 percent, primary metals down 5.3 percent, and motor vehicles/parts down 3.2 percent. Machinery orders fell 4.9 percent.

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