Drop in May orders for U.S. capital goods follows April jump

U.S. CAPITAL GOODS orders declined 0.2 percent month to month in May. / BLOOMBERG
NONDEFENSE U.S. CAPITAL GOODS orders, excluding aircraft, declined 0.2 percent month to month in May. / BLOOMBERG
NEW YORK - Orders placed with United States factories for business equipment cooled unexpectedly in May after an upwardly revised April jump that was the…

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