Durable-goods orders fall 1.1%, business investment shrinks again, in bad sign for U.S. economy
October 24, 2019 at 13:31 PM EDT
Orders for long-lasting or durable goods fell in September for the first time in three months and business investment shrank again, reflecting widespread weakness in manufacturing that’s acted as a drag on the broader U.S economy. Orders dropped 1.1% last month.