RTTNews - Orders for goods meant to last at least three years unexpectedly showed a substantial increase in the month of May, according to a report released by the Commerce Department on Wednesday, with the order growth marking the third increase in the last four months.

The report said durable goods orders rose 1.8 percent in May, matching the revised increase seen in April. The continued increase came as a surprise to economists, who expected orders to fall 0.9 percent compared to the 1.9 percent increase originally reported for the previous month.

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