Low oil prices and weak global economies play major roles as new orders declined for durable goods last month, which was the third drop […]
Tag: Durable goods
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 […]
Income and consumption in January confirm strength of U.S. economy
Personal income and spending both rose by 0.5% in January, the U.S. Department of Commerce reported Friday. The figures indicate the American economy is improving […]
Durable Goods Jump But Not Satisfactorily
New orders last month for long lasting manufacturing goods turned in the highest increase in 10 months, soothing the fears of an […]