Durable Goods Orders Fall for Second Consecutive Month
New orders for manufactured durable goods fell 4.0 percent to $219.8 billion in June, following a 2.8 percent May decrease according to the U.S. Census Bureau. New transportation orders drove the decrease, falling 10.5 percent to $72.2 billion. Excluding transportation, new orders fell 0.5 percent. New orders excluding defense fell 3.9 percent on the month,