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U.S. Durable Goods Orders Plunge 5.2% In July Amid Sharp Pullback In Aircraft Demand

Por: RTTNews Business August 24, 2023

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With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July.The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June.Economists had expected durable goods orders to slump by 4.0 percent compared to the 4.6... + full article



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