US durable goods orders plunge 4.5% in May, less than expected (opens original article in a new tab)

US durable goods orders dropped 4.5% in May, less than expected with transportation equipment leading the decline while non-transportation orders rose 1.3%

• US durable goods orders fell 4.5% in May
• Transportation equipment was the main cause of the decline
• Orders excluding transportation increased 1.3% in May