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Tax Rules: Are Changes Helping Durable Goods Orders?

Ricky Cove
Tax Rules: Are Changes Helping Durable Goods Orders?

Durable goods orders reflect new orders placed with domestic manufacturers to deliver high-value factory hard goods. The durable goods orders in April were reported below the market expectations. The durable goods orders decreased by $4.2 billion or 1.7% to $248.5 billion.