New orders for durable goods fell by less than expected in the month of March, according to a report released by the Commerce Department on Friday, although the report also showed a notable downward revision to the growth seen in February.

The report showed that durable goods orders fell 0.8 percent in March following a downwardly revised 2.1 percent increase in February. Economists had expected orders to fall 1.5 percent compared to the 3.5 percent increase that had been reported for the previous month.

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