Durable-goods Orders Remained Strong in May
New orders for durable goods increased 0.7 percent in May, following a 0.4 percent gain in April, the 11th increase in the last 13 months. Total durable-goods orders are up 10.0 percent from a year ago. The May gain puts the level of total durable-goods orders at $267.2 billion, the second highest on record (see