WASHINGTON — New orders for long-lasting manufactured goods fell 3.7 per cent in January, the biggest decline since July 2017, following two months of increases that reflected strength in the country’s industry. Excluding transportation, durable goods orders slipped only 0.3 per cent. Orders for defence capital goods plunged 26.3 per cent. Excluding defence, new durable goods orders fell 2.7 per cent. Overall orders in January for durable goods, which are meant to last at least three years, decreased 3.7 per cent to $239.7 billion.

Source: National Post February 27, 2018 13:41 UTC