US durable goods orders fall in February

Orders for US durable goods sagged in February after January's gain, led by declines in auto and aircraft orders, the Commerce Department said Wednesday. Excluding the transportation sector, new orders for durable goods fell 0.4 percent. Non-defense capital goods excluding the often-volatile aircraft sector scored their sixth straight monthly decline. Overall durable goods orders were down 0.5 percent in the first two months of the year compared with the same period of 2014.