Today in photos: 6/5/08
Photo: (Associated Press)
For April, demand for durable goods — items expected to last at least three years — fell by 0.6 percent, slightly larger than the 0.5 percent drop reported last week in a preliminary report. The weakness was led by a 24.4 percent drop in demand for commercial aircraft, a sector that is extremely volatile from month to month, and a 4.2 percent decline in motor vehicles, an industry that is being battered by soaring gasoline prices and the weak economy.