Durable-goods orders slump 1.6% in February and investment slackens again

The numbers: Orders for durable or long-lasting goods fell in February for the first time in four months and business investment continued to soften, reflecting a slower U.S. economy early in the new year.

What happened: Orders plunged 31% for commercial aircraft, a category that often sees large swings. The decline occurred before the controversy over a new Boeing jet after a pair of deadly crashes.Orders rose for electrical equipment, appliances and primary metals used in an array of products. The originally reported 0.3% increase in durable-goods orders in January was revised down to 0.1%. Durable goods are basically any product for consumers or businesses that are supposed to last at least three years.Big picture: The economy has lagged early in the new year.

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Opinion | A good bar should look like 'Abby's,' which is full of good companyOpinion | Rosie Schaap: 'We all know we can drink more conveniently in our own living rooms. But we leave the house to enjoy other people.' - NBCNewsTHINK THINK Some of the people that drive to bars drive home drunk and their families hide afraid for their lives! THINK Alcohol kills more Americans and causes more violent crime than any other drugs. Yet they are considered innocent personages in the war on drugs. THINK Drinking is harmful to health, Rosie.
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