(Updates with market close, adds housing data revised down) By Mark Felsenthal WASHINGTON, May 24 (Reuters) - New orders for U.S.-made durable goods tumbled an unexpectedly large 4.8 percent in April but new home sales rose above expectations, government reports showed on Wednesday. The reports' conflicting signals on the economy added to investor concerns about higher inflation and slower economic growth. Some analysts noted that in spite of gains in new home sales in April, ...
Premium Content (PAID Subscription Required)
"WRAPUP 3-US April durable goods orders fall,home sales up" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.