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MAY DURABLES ORDERS SEEN +10.1%;....>

US DATA PREVIEW
US DATA PREVIEW: MAY DURABLES ORDERS SEEN +10.1%; EX-TRANS +2.2%
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-US durable goods new orders seen +10.1% in May v -17.7% April; which would be
the largest m/m percent increase since 2014
-New orders excluding transportation should increase +2.2% after falling by
-7.7% in April; that would be the largest m/m percent increase since 2017
-Analysts are expecting overall new orders to rebound on stabilizing aircraft
orders, though weak industrial production in May should keep core capital goods
orders relatively low
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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