Durable goods orders drop

Manufacturing News, Source : TheManufacturer.com
Published : 24 Sep 2004 17:46

Durable goods orders in the United States dropped in August, including a dive in civilian aircraft orders, the US Department of Commerce reported today.

Overall orders for expensive items meant to last at least three years dropped 0.5 percent after a gain of 1.8 percent in July, the Department said.

Orders for civilian aircraft fell a significant 42.8 percent after spiking 103.6 percent in July. Computer and electronic product orders jumped 4.1 percent after dropping 4.3 percent the previous month.

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