Durable-Goods Sink

The Commerce Department reports that durable-goods orders slumped 1.7% in February, well below the 0.7% gain that most economists were expecting. The drop follows a 4.7% loss in January and points to more troubled times ahead for the ailing economy.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.