A strong dollar and economic turmoil overseas may be restraining demand for American-made goods
By ANNA LOUIE SUSSMAN And JOSH MITCHELL
Sept. 24, 2015 8:40 a.m. ET
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WASHINGTON—Orders for long-lasting manufactured goods fell in August, in a sign that a strong dollar and economic turmoil overseas may be restraining demand for American-made goods.
New orders for durable goods—products designed to last at least three years, like dishwashers and aircraft—fell a seasonally adjusted 2.0% in August from a month earlier, the Commerce Department said Thursday.July durable goods orders rose a revised 1.9% compared with the previously estimated 2.2% increase.
Economists surveyed by The Wall Street Journal had expected overall orders to fall by 2.5%.
