A recent government report suggests that the $5.9 trillion U.S. manufacturing sector is facing some headwinds, as orders for durable goods, such as cars, computers, and appliances fell for the second straight month in October.
The report showed new orders declining 0.5 percent in October 2021, following a 0.4 percent drop in September 2021, representing a $1.2 billion decline. Economists surveyed by The Wall Street Journal had forecast a 0.3 percent increase in orders up from September.
