Durable goods turn out to be a summer flop
Orders for expensive things that last quite a long time are down. There’s news today that orders for durable goods fell sharply in July. Bill Stone, chief investment strategist at PNC Wealth Management, explains what happened, and what this means for the economy.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
