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

1 min read
63 views

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

Log In

Read the full article here

Leave a Reply

Your email address will not be published.

Previous Story

Here’s why 476,100 mortgage applications were denied last year, and what it could mean for 2024

Next Story

Opinion: Bad-mouthing carbon markets drives away the companies that need them most

Latest from Economy