US Durable Goods Orders Decline for Second Straight Month Amidst Aircraft Booking Slowdown

In a significant downturn for the manufacturing sector, US durable goods orders fell by 0.8% in September, marking the second consecutive month of decline. This downturn was largely attributed to a notable decrease in aircraft bookings, a key component of the durable goods category. The latest figures highlight ongoing challenges within the industry as businesses navigate fluctuating demand amidst broader economic uncertainties.

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