Logistics business: Commerce Department reports increases in durable goods new orders and shipments
May 26, 2010
In another sign that the United States economy is gradually recovering, the Commerce Department reported today that new orders for manufactured durable goods in April were up 2.9 percent from March to $193.9 billion and were up 16.8 percent year-over-year. This marks the fourth time in the last five months new orders were up.