WASHINGTON — Orders for long-lasting manufactured goods fell last month for the first time since July, pulled down by plummeting orders for commercial aircraft. A category that tracks business investment posted the biggest drop in more than a year.
The Commerce Department says orders for durable goods, which are meant to last at least three years, slid 1.2
Last month's figure was warped by an 18.6
Overall, American industry is looking healthy, helped by an improving world economy and a drop in the U.S. dollar, which makes American products less expensive in foreign markets.
Paul Wiseman, The Associated Press