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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 ...
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.
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rose 0.3% after rising by an upwardly revised 1.0% in the prior month.
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 ...
Orders Durable Goods Orders (U.S. Census Bureau) Factory Orders (U.S. Census Bureau) Real estate Housing Starts and Building Permits (U.S. Census Bureau) Building permits; Housing starts; New Home Sales (U.S. Census Bureau) Production GDP (Gross Domestic Product) (Bureau of Economic Analysis) Productivity and Costs (Bureau of Labor Statistics ...
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 declined 6.7% in June. They were boosted last month by a 34.8% rebound in transportation orders after tumbling 20.6% in June. That reflected a ...