Durable goods orders in the US have seen a significant drop, according to recent reports. The decline is a cause for concern among economists and policymakers, who are monitoring the situation closely as the 2024 election approaches. While the exact causes of the decline are still unclear, experts point to various factors such as global economic trends, supply chain issues, and shifts in consumer spending patterns.

Source: https://www.bloomberg.com/news/audio/2024-10-25/durable-goods-drop-election-countdown-more