Listen Live:

Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
(Back in the Fall on Sunday)

Home → News
Latest

Durable-goods orders sink 3.7% in January and businesses trim investment again

Potentially more worrisome, a key measure of business investment fell for a second straight month, the first time that’s happened since early 2016.

Economists surveyed had forecast a 1.7% decline in orders for durable goods.
Stripping out planes and cars, orders fell a much smaller 0.3%.

Transportation often exaggerate the ups and downs in durable-goods orders because of lumpy demand.