Orders for long-lasting factory goods increased for the fourth consecutive month in August, a sign of the manufacturing industry’s continued recovery from coronavirus pandemic-related disruptions.
New orders for durable goods—products designed to last at least three years—rose 0.4% in August compared with July, the Commerce Department said Friday. The August increase followed bigger advances from earlier in the summer, when orders rebounded following a collapse in demand from early in the pandemic.
Economists…
