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Home Economy

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

News Room by News Room
November 22, 2023
Reading Time: 1 min read
0
Durable-goods orders tumble and show little sign of recovery among manufacturers

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,…

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