Durable goods orders slipped 1.8% in May after dropping 1.5% in April. Transportation equipment leads the decrease, down 0.1% in May, according to the U. S. Department of Commerce report for May 2015. Manufacturing will take another hit as the oil and gas sector slows capital spending. However, despite some difficulties in manufacturing activity — after seeing 15% growth in construction in 2014 — FMI expects another 17% increase for 2015.
The manufacturing renaissance will con