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 […]
Durable Goods
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 […]
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 […]
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 […]
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 […]
As Coronavirus Spreads Globally, Some Manufacturers Thrive While Others Dive
SirCom, based in Temecula, California, needs parts out of Germany and China to manufacture its early warning systems. Some 70% of the products that were […]
US Manufacturing Takes Its Hardest Hit Since 2009
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply […]
5 Things to Watch for in March’s Durable Goods Report
The U.S. Commerce Department is scheduled to release its monthly durable goods report on Thursday. The report will cover business investment data derived from March. […]
Demand for US Durable Goods Increased to 3.1%, Surpassing Economists’ Expectations
New orders for US durable goods increased more than expected last month, indicating business investments have begun to pick-up after a slow economic start. New […]