U.S. durable goods orders up 1.8% in January, boosted by aircraft purchases
WASHINGTON—Orders for long-lasting factory goods climbed last month due to purchases of military and civilian aircraft, overshadowing a weak start to 2017 for business investment in new equipment.
Orders for durable goods—products, like airplanes and dishwashing machines, that are designed to last at least three years—increased 1.8% in January from the prior month to a seasonally adjusted $230.35 billion, the Commerce Department said…
