Author: Andrew Ancheta

A chart showing durable goods orders over time

Manufacturing Orders Rise, Allaying Recession Fears 

Purchases for most types of manufactured goods increased in January, an unexpected sign that the economy is still strong. Orders for core durable goods–long-lasting manufactured products, excluding transportation equipment–increased 0.7% in January. Total orders fell 4.5%, mostly due to a large aircraft order in December. The data indicate an economy […]