Thu, 29 Mar 2012 06:01:10 GMT
Orders for durable goods in US expanded less than predicted in February
Orders for large magnitude items in US climbed at slower pace than predicted in February, reported government on Wednesday. Orders for durable goods advanced 2.2% in previous month compared to an expected 2.9% gain. On yearly basis, however, durable goods orders have grew by 13.5% suggesting more optimistic long-term trend, analysts claimed.