U.S. Durable Goods Orders Fall 1.1% in May

Source: The Wall Street Journal.

U.S. Durable Goods Orders Fall 1.1% in May
Decline attributed to decreases in volatile categories of military-aircraft orders and orders for civilian airplanes and parts

By Ben Leubsdorf and Sarah Chaney
June 26, 2017 8:38 a.m. ET

WASHINGTON - Demand for long-lasting factory goods declined in May for the second straight month, a possible sign of softness in the U.S. manufacturing sector.

Orders for durable goodsproducts designed to last at least three years, such as computers and industrial robotsdecreased 1.1% from April to a seasonally adjusted $228.18 billion in May, the Commerce Department said Monday. That was the largest drop in six months.
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