Author: Randi Love

Five things to watch for in March’s durable goods report

The US Commerce Department will publish its March durable goods advanced report Tuesday at 8:30 a.m. EST. Economists are spread wide on what they expect to see since February’s report was the first significant decline in more than a year. Here’s what to watch for: Slow growth and possible recession […]

Could February’s durable goods order decline be a fluke?

Durable goods orders decreased in February following four consecutive months of increases, which is likely due to the lingering effects of the omicron variant, but experts say there’s no cause for concern, yet. New orders for durable goods – products that have a lifespan of three years or more – […]

Plan to rent a car soon? It’s best to start your search early

An unexpected cross-country trip wasn’t something Jenavy Castro-Hernandez thought she and seven other family members would be doing, but when her uncle’s job sent him to New York, they packed their things, ready to meet him there by March 14. Arranging five children and three adults into her aunt’s old […]

Durable goods orders continue to rise despite lack of supply

Durable goods orders increased in January showing the economy’s resilience, despite global supply chain snafus and the third year of the COVID-19 pandemic approaching.  New orders for durable goods – products that last for three years or more – rose 1.6 percent. This is the eighth increase over the last […]