(Reuters) - The shift in orders between April and March was due largely to changes in the volatile transportation sector, where orders for both motor vehicles and civilian aircraft fell in April after strong increases in March.
Stripping the transportation goods out, durable goods orders rose by 1.5 percent in April, the same pace as in March after a small upward revision. Economists had forecast that durables orders excluding transportation would rise 0.6 percent in April.
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Stripping the transportation goods out, durable goods orders rose by 1.5 percent in April, the same pace as in March after a small upward revision. Economists had forecast that durables orders excluding transportation would rise 0.6 percent in April.
Read more at Reuters.com Bonds News
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