Thu, 26 Apr 2012 06:17:32 GMT
Orders for US durable goods dropped in March
The number of orders for US durable goods declined in March, reaching a three-year record low as the fall in demand for aircraft overshadowed gains from business investment. Orders for goods to be used at least 3 years fell 4.2%, Commerce Department said on Wednesday. Economists questioned by Bloomberg expected the bookings would drop 1.7% last month. Core durable goods