Durable Goods Orders Fell 0.6 percent in May
New orders for manufactured durable goods decreased 0.6 percent in May to $248.8 billion, following a 1.0 percent April decline, according to the U.S. Census Bureau. The volatile transportation equipment sector led the decline, falling 1.0 percent to $86.1 billion over the month. Motor vehicles and parts were the largest contributor to transportation’s decline, decreasing