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 […]

Five Things to Look for in the May ISM Report

by Juliet Jeske May 31, 2021 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Tuesday.  Economists predict the manufacturing sector will continue to show strong signs of growth while grappling with shortages and rising prices of raw materials and supplies.  The ISM creates […]