Durable-goods orders post biggest gain in 11 years, but it doesn’t mean the economy is speeding up




Orders for long-lasting goods skyrocketed 16% in May to mark the biggest increase in 11 years, but the headline number was exaggerated by a flush of new Boeing contracts that masked ongoing weakness in business investment.



Source link

More From Author

What to know about repricing flights when the price drops

American Airlines adds 2 brand-new destinations in 7-route expansion

Leave a Reply

Your email address will not be published. Required fields are marked *