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Economists polled by Reuters had forecast durable goods orders would rise 1.1%. ... US durable goods unchanged in December. January 25, 2024 at 6:01 AM ... In Other News.
Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, rose 1.4% last month, the Commerce Department's Census Bureau said.
Economists polled by Reuters had forecast durable goods orders tumbling 4.5%. Orders fell 0.8% year-on-year in January. Civilian aircraft orders plummeted 58.9% last month after rising 1.0% in ...
Generally the Factory Orders report is not as widely watched as other economic indicators. [ citation needed ] The Advance Release on Durable Goods , which usually precedes the Factory Orders report by one week, garners more attention, [ citation needed ] given that the durable goods report includes orders for capital goods , a proxy for ...
Durable goods orders rose 4.0% on a year-over-year basis in October. Manufacturing, which makes up 11.1% of the economy, is shuffling along as higher interest rates cool demand.
Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, dropped 1.1% after increasing 0.8% in October. The decline mostly reflected the weakness in ...
Durable goods orders were previously reported to have risen 1.3% in February. They climbed 0.3% year-on-year in March. An Institute for Supply Management survey this month showed manufacturing ...
The ISM survey's forward-looking new orders sub-index increased to 50.4, expanding for the first time since March, from 47.1 in October. The production index was, however, little changed at ...