The widest measure of U.S. economic growth was revised lower on Wednesday, according to newly released figures, while separate reports showed consumer feelings remain good and employers continue adding jobs.
Economic Watch: Durable Good Mixed as New Home Sales, Consumer Confidence Improve
New orders for long-lasting manufactured durable goods jumped more than expected in March, but analysts pointed to some concerns deeper in the Commerce Department report. Separate reports showed improvements in new homes sales as well as in consumer confidence.