Orders for US long-lasting factory goods fall sharply on drop in aircraft demand

Canadian Press, The Canadian Press
0 Comments| April 24, 2013


WASHINGTON - Orders for long-lasting U.S. factory goods fell in March by the most in seven months. The drop reflected a steep decline in commercial aircraft demand and little growth in orders that signal future business investment.

The Commerce Department said Wednesday that orders for durable goods declined 5.7 per cent in March. That followed a 4.3 per cent gain in February, which was revised lower.

© The Canadian Press, 2013


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