Industrials editor Brendan Byrnes discusses the 1.6% rise in durable goods orders, a macroeconomic indicator of the industrials sector. This figure is slightly misleading because it would be negative without the aerospace industry. Overall, the takeaway is that the economy is still sluggish, although aerospace is still healthy.
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The article The Problem With Durable Goods Orders originally appeared on Fool.com.
Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes owns shares of Caterpillar and United Technologies. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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