05/03/2024

Durable-Goods Orders Weaken Amid Global Headwinds

A key measure of U.S. manufacturing health tipped back into decline last month, evidence that headwinds from weak global growth, low oil prices and financial volatility are weighing on company spending.

New orders for durable goods—products designed to last at least three years, like dishwashers and aircraft—fell a seasonally adjusted…

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