Economy
April 25, 2019
Durable Goods Orders Jump as Investment Rebounds
Written by Sandy Williams
Durable goods orders jumped 2.7 percent in March for the fourth increase in five months. Transportation equipment led the increase, leaping 7.0 percent to $93.8 billion.
Aircraft orders rose 31 percent, primarily for Boeing jets. Boeing reported 44 aircraft orders in March compared to five in February. None were for the grounded 737 Max aircraft that are being investigated in the wake of two fatal crashes.
