Durable Goods Fall 7.3 Percent, After 3 Months of Increases

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Durable Goods Fall 7.3 Percent, After 3 Months of Increases

New orders for manufactured durable goods in July were $226.6 billion, a 7.3% decrease from June’s $244.4 billion. This decrease follows three consecutive monthly increases.

durable goods

Durable goods orders are now down 0.9% year over year, a sharp change from last month when they were up 10.4% Y/Y.

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Durable Goods Fall 7.3 Percent, After 3 Months of Increases

Via: floatingpath.com

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