Durable Goods Up 1.9%; Ex-Transport Climb 0.6%

WASHINGTON — Durable goods orders in May increased 1.9% as auto orders snapped back following a sharp decline in April, the Commerce Department reported Friday.

Orders excluding transportation gained 0.6%.

Economists expected durable goods orders would increase 1.5% and orders excluding transportation would gain 0.9%, according to the median estimate from Thomson Reuters.

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