U.S. Data Upbeat Despite Drop In Orders, Rise In Jobless Claims

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A drop in volatile aircraft orders sent overall U.S. orders for durable goods into a nosedive last month, with the 18.2% decline in sharp contrast to July's 22.5% gain. However, rising domestic demand continues to lift the manufacturing sector. Separately, the latest employment indicator remained positive, with initial claims for jobless benefits rising less than expected and staying below 300,000 last week.

From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606

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