US durable goods orders dropped -17.2%, ex-transport orders dropped -7.4%

<p>US durable goods orders dropped -17.2% to USD 170.0B in April, better than expectation of -18.1%. That’s still the second month of sharp decline, following -16.6% in March. Ex-transport orders dropped -7.4%. Ex-defense orders dropped -16.2%. Full release here.</p>
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