Tag: Durable goods

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 […]

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 […]

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 […]

5 Things To Watch For In The Durable Goods Report

The Commerce Department publishes its first look at the durable goods report at 8:30 a.m. EST Tuesday. Economists expect the headline figure to increase 1.9 percent. That would be a moderate gain from 1 percent decline last month. Here’s what to look for in the report. 1. Boeing effect The […]

Broad-Based Decline In Durable Goods Last Month

  Low oil prices and weak global economies play major roles as new orders declined for durable goods last month, which was the third drop in the last four months. The headline figure for the new orders of these long lasting manufactured goods fell 2.8 percent. While this did not […]

Tire Industry Struggles Against Imports Despite Strong Year

Tire manufacturers are riding the auto boom to increase production but they continue to lose market share to imports they cannot compete with.   Last year tire shipments, which represent the amount of tires sent to customers, crossed 310 million units – the highest in a decade. But production increased […]