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Response to Tansy_Gold (Original post)

Wed Apr 25, 2012, 09:00 AM

46. US orders for long-lasting goods plunge in March

http://hosted.ap.org/dynamic/stories/U/US_DURABLE_GOODS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-25-08-40-44

WASHINGTON (AP) -- Orders for long-lasting factory goods fell by the largest amount in three years last month, mostly because demand for commercial aircraft plummeted. But companies also ordered less machinery and other equipment, a sign manufacturing output may slow.

Orders for durable goods dropped 4.2 percent in March, the steepest fall since January 2009, the Commerce Department said Wednesday. Commercial aircraft orders, a volatile category, fell by nearly 50 percent.

Excluding transportation equipment, orders declined 1.1 percent. That's the second drop in that category in three months.

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