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,…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here