WASHINGTON – Durable goods orders fell in September for the second straight month, the Commerce Department reported today. Orders dropped 1.7% after dropping 5.3% in August, the first back-to-back declines in more than a year, on lower demand for autos, computers and electronics products, among other items.
 
Most economists felt orders would rise, and blame is being attributed to housing finance and other credit problems.
 

• Prev
• Next