Friday, June 24, 2016

Durable goods orders fell sharply in May, mostly due to lower defense aircraft demand

Orders for long-lasting factory goods fell more sharply than expected in May, amid a huge drop in defense aircraft orders. Defense aircraft orders plunged 34 percent, while orders that excluded transportation were down 0.3 percent. Excluding defense, orders fell 0.9 percent.

READ MORE

No comments: