U.S. durable-goods orders jump 0.6% in October, but mostly for military weapons
November 27, 2019 at 08:32 AM EST
Orders for durable goods rose sharply in October, but most of the gain was tied to defense-related items such as fighter jets and ships. Bookings for civilian products barely rose, highlighting ongoing weakness in the industrial side of the economy that’s constraining U.S. growth. Orders climbed 0.6% last month