Durable-goods orders get boost from Boeing, but business investment falls again
The numbers: Orders for manufactured goods got a boost in March from new contracts for passenger planes, but business investment more broadly fell again in another sign the U.S. economy is slowing.
Durable-goods orders jumped 3.2% last month, the government said Wednesday. Economists polled by the Wall Street Journal had forecast a 0.5% increase. What’s more, business investment fell for the fourth time in the past five months. That’s usually a sign companies expect trouble ahead.
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