Home Finance Durable-goods orders tumble and show little sign of recovery among manufacturers

Durable-goods orders tumble and show little sign of recovery among manufacturers

by CoinNews

The numbers: Orders for durable or long-lasting goods sank 5.4% in October because of fewer contracts for Boeing passenger planes, but most other manufacturers also reported somewhat weaker demand.

Economists polled by the Wall Street Journal had forecast a 3.4% decline.

If airplanes and cars are stripped out, new orders were flat last month,…

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