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Orders for US big-ticket factory goods drop 17.2% in April

Usa Washington pandemic economy Department Coronavirus
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WASHINGTON – U.S. orders for big-ticket factory goods plunged for the second straight month in April as the coronavirus pandemic hammered the economy.

The Commerce Department said Thursday that orders for durable goods dropped 17.2% last month after falling 16.6% in March. Excluding orders for transportation equipment, which can be volatile from month to month, durable goods orders fell 7.4%.

New orders for cars, trucks and auto parts shrank 52.8%. A category that tracks business investment — orders for nondefense capital goods excluding aircraft — decreased 5.8% after falling 1.1% in March.

The lockdowns, travel restrictions and social distancing measures meant to contain COVID-19 have brought economic activity to a near standstill

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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