Orders for long-lasting goods increased slightly in April after a steep drop the prior month, continuing the up-and-down recovery for the manufacturing sector.

Separately, the number of U.S. workers filing first-time applications for unemployment benefits were basically unchanged last week, suggesting the labor market continues to mend slowly.

Manufacturers’ orders for durable goods, items such as computers and cars designed to last at least three years, grew by 0.2% to a seasonally adjusted $215.53 billion, the Commerce Department said Thursday.

Continue reading on online.wsj.com

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Email
Previous post

How President Obama handles his job

Next post

Cory Booker got it right