ORDERS RISE: A big jump in orders for airplanes and autos drove up demand for long-lasting manufactured goods in July, easing fears the economy might slip into recession. Orders for durable goods rose 4 percent.
BUSINESS SPENDING DROPS: A key measure of business investment dropped 1.5 percent, the steepest decline since January. That suggests companies may be pulling back on expansion plans.
STOCK MARKET IMPACT: Economists worry that the stock market plunge earlier this month could cause businesses and consumers to cut back spending, which could cause future orders to fall.