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Durable goods orders edge up 0.1% in May

Investing.com -- Orders for long-lasting U.S. manufacturing goods unexpectedly rose in May, but slowed versus the prior month, in a potential sign of sluggishness in industrial activity.

New orders for durable goods increased by 0.1% last month, slowing from a downwardly-revised mark of 0.2% in April, according to data from the Census Bureau on Thursday.

Economists had expected the figure, which includes orders for items like washing machines and airplanes, to decrease by 0.5%.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.