The Housing Chronicles Blog: May durable goods orders fell for second straight month as trade disputes potentially increase uncertainty

Wednesday, June 27, 2018

May durable goods orders fell for second straight month as trade disputes potentially increase uncertainty

Orders for durable goods fell 0.6% in May following a revised 1% decline in April, led by the biggest drop in new orders for cars and trucks since 2015.  This is perhaps a sign that intensifying trade disputes between the Trump administration and other countries are causing businesses to hesitate.

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