Everyone knows there are winners and losers in any bear market, including the recent commodity rout. Low crude oil prices have definitely hurt explorers and producers. Airlines, on the other hand, appear to be thriving.
Just as the U.S. economy is in full-recovery mode, so too is the airline industry. It’s lately made an impressive about-face from only a decade ago and, in 2014, soared to several new benchmarks.
Business equipment and capital goods orders fell unexpectedly in December for the fourth straight month. The weight of the recent economic slowdown is heavily hitting American companies.
Orders for U.S. equipment such as computers and electrical gear barely rose in September, pointing to a slowdown in business investment that will weigh on growth.
Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion.
