U.S. durable-goods orders rebound 15.8% in May, but manufacturers face long struggle
June 25, 2020 at 10:08 AM EDT
Orders for durable goods such as new cars and trucks surged in May after historic declines in the early spring when the U.S. was locked down, but manufacturers are likely to struggle to make a more rapid recovery amid a fresh outbreak of the coronavirus and a depressed global economy.