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Durables Orders Probably Rose in Sign of Sustained U.S. Demand

From businessweek.com

Orders for U.S. durable goods probably rose in February by the most in five months, helped by a rebound in demand for commercial aircraft, economists said before a report today. The 3.9 percent increase in bookings for goods meant to last at least three years would follow a 4.9 percent drop in January, according to the median forecast of 80 economists surveyed by Bloomberg. Other reports may show the residential real-estate market continues to improve. Gains in auto and home purchases may keep benefiting manufacturers from 3M Co. (MMM) to United Technologies Corp. (UTX), leading to increases in output that are giving ... (full story)

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