US durable goods orders fall 1.6

Demand in an integral sector used to track business investment choices declined in February.

The Commerce Department said Tuesday that the February decrease came after a little 0.1% increase January and was the weakest showing as a 4.3% fall in October. Orders in a class that serves as a proxy for company investment plans edged down 0.1percent in February after a 0.9% progress in January.

The manufacturing industry was strained for the past few months, reflecting a worldwide economic downturn and rising trade tensions which have hurt U.S. exports. However there have been signs recently.