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flag U.S. durable goods orders dropped by 6.3% in April, signaling potential economic uncertainty.

flag U.S. durable goods orders fell by 6.3% in April, following a downwardly revised 7.6% increase in March. flag The decline was largely due to a 17.1% drop in transportation equipment orders, particularly in non-defense aircraft and parts, which fell by 51.5%. flag Despite the overall decline, orders for durable goods excluding transportation rose by 0.2%. flag The report suggests uncertainty in business spending, with a 1.3% drop in orders for non-defense capital goods excluding aircraft, indicating a cautious economic outlook.

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