Durable Goods Orders Continue To Grow

Washington, DC, June 25, 2013 -- Durable goods orders rose more than expected in May, according to Commerce Department figures.

Durable goods orders increased 3.6%, the government said.

Economists had expected orders to rise 3.0% after a previously reported 3.5% increase the prior month.

Orders excluding transportation rose 0.7% after advancing 1.7% in April.

                                                                                                                                                                                           
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