Orders for U.S. durable goods rise 1.1% in May

WASHINGTON (MarketWatch)
Orders for long-lasting U.S. goods rose 1.1% in May after falling in the prior two months, the Commerce Department said Wednesday
Economists surveyed by MarketWatch had expected orders to be unchanged
The biggest increase occurred in the commercial-aircraft segment, with bookings up 4.9% Omitting the transportation sector, orders rose 0.4%
Orders for core capital goods excluding defense and transportation, a key barometer of U.S. business spending, climbed 1.6% last month to mark the first gain since February
Orders for April were revised down to a 0.2% decline from a prior reading of no change.