Sarah Palmer was feeling burnt out and ready to leave her job in the addiction and mental health field in Dayton, Ohio, even before the COVID-19 pandemic began. Then the pandemic added stress to her job, while also showing her that working from home appealed to her. So in February, […]
Author: Denny Jacob
Five things to watch in the March durable goods orders report
The Commerce Department releases its advance report on durable goods – a key indicator of future manufacturing activity – on Monday. The report, based on results obtained from 4,300 manufacturers, is expected to provide more proof that the economy is ramping up faster than anticipated. Here are five things to […]
Orders for workout equipment soared during the pandemic. It’s part of a larger transformation in the fitness industry
When the COVID-19 pandemic forced gyms to close, Cory Zuccaro was among the wave of people who turned their home into their own personal gym. Despite extensive delays and items being out of stock, he was able to add a squat rack, bumper plates, kettlebells and more to his house […]
Durable goods decline slightly in February, but optimism remains for long-term recovery
Durable goods orders declined slightly in February as global supply chain issues lingered and inclement weather pushed the manufacturing industry’s steady recovery off track. New orders for durable goods – items with a life expectancy of at least three years – declined 1.1%, according to the Department of Commerce. This is […]
Durable goods orders spike up in January, maintaining its months-long momentum
Durable goods orders increased strongly in January highlighting a growing optimism in the economy’s recovery as President Biden’s $1.9 trillion stimulus bill advances and more people become vaccinated. New orders for durable goods – items with a life expectancy of at least three years like cars and computers – increased […]