Durable Orders Fall 4.2%; Ex-Transport Slip 1.1%

WASHINGTON — New orders for manufactured durable goods decreased 4.2% in March, the Commerce Department reported Wednesday. Orders fell a downwardly revised 1.9% increase in February.

Excluding transportation, new orders fell 1.1%, after a 1.9% jump in February, and excluding military orders, they dropped 4.6%.

Economists polled by Thomson Reuters projected a 1.5% decrease for orders and a 0.5% increase excluding transportation.

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