LOLz, looks like "Trumponomics" has started .....
Drop in U.S. Business-Equipment Orders Signals Slowing Momentum
An unexpected decline in U.S. orders for business equipment in May indicates cooling capital-goods investment may weigh on second-quarter economic growth, Commerce Department data showed Monday. Highlights of Durable Goods (May) • Orders for non-military capital goods excluding aircraft fell 0.2% (est. 0.4% gain) after 0.2% increase in prior month. • Shipments of those goods, which are used to calculate gross domestic product, fell 0.2% after 0.1% gain • Bookings for all durable goods fell 1.1% (est. 0.6% drop) following 0.9% decline; excluding transportation-equipment demand, which is volatile, orders rose ... (full story)