WRAPUP 1-April durables orders fall renews factory worries

Newswire

By Jonathan Nicholson WASHINGTON, May 28 (Reuters) - Orders for U.S. durable goods slid in April, the government said on Wednesday showing another sign of the manufacturing sector's slump, while two other reports showed sluggish retail sales in early May. The Commerce Department said orders for durable goods -- items meant to last three or more years -- fell an unexpectedly large 2.4 percent in April. With Wall Street analysts having anticipated a smaller 1.0 percent drop, the report ...

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