Durable-goods orders drop 6.1% in January on fewer airplane contracts

By / / Finance / 1 minute of reading



Story developing. Stay tuned for updates here.

U.S. orders for durable goods sank 6.1% in January. Economists polled by The Wall Street Journal had forecast a 5% decline.

Orders excluding transportation slipped a small 0.3% last month.

Market reaction: The Dow Jones Industrial Average
DJIA,
-0.16%
and S&P 500
SPX,
-0.38%
were set to open mixed in Tuesday trades.



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Lisa Ferguson is an award-winning writer and editor who is passionate about politics, health, business, and finance. In her free time, Lisa loves to read nonfiction books and watch documentaries about current affairs. Her favorite subjects are health care policy, climate change, and social justice issues like immigration reform.

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