- Orders for durable goods fell in February as U.S. factories faced supply-chain challenges.
- Durable goods are products designed to last at least three years, such as computers and machinery.
- New orders for durable goods decreased 1.1% to $254 Billion in February from January.
- The previous nine months had recorded gains, following sharp declines in March and April early in the pandemic.
- The Right Facts will continue to monitor Durable Goods.