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U.S. durable goods orders drop 1.3% in April
U.S. durable goods orders drop 1.3% in April
WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production. The Commerce Department reported Thursday that orders for factory goods meant to last at least three years fell 1.3% in April after rising 1.3% in March.
U.S. durable goods orders drop 1.3% in April