June Durable Goods Plunge 9.3% Driven by Sharp 22% Transportation Decline: What This Means for Market Stability and Investor Confidence

Durable Goods Drop 9.3% in June as Transportation Falls 22%; Core Orders Edge Up 0.2%

Core Durable Goods Orders: A Tepid Signal Amidst a Shifting Economic Landscape The latest data on core durable goods orders—those excluding the volatile transportation sector—delivered a modest 0.2% gain in June, aligning with a downwardly … Read more