Durable Goods Orders Rise Sharply in March

Washington, DC, April 24, 2014 -- Durable goods orders posted a solid 2.6% gain in March, according to the Commerce Department.

That followed a 2.1% rise in February.

Demand for core capital goods rose 2.2% in March after a 1.1% drop in February.

Excluding transportation, orders rose 2%, the best showing in more than a year.