Durable goods orders declined for the first time in five months in February because of geopolitical uncertainties and the anticipation of the Federal Reserve’s first interest rate hike since 2018. … READ MORE >
capital goods orders
Chart of the day: Signs of strength in durable goods orders
Durable goods orders fell by 0.4% in September after a strong gain of 1.3% in August. But even with this decline, investment in the private sector as seen in core capital goods orders remained strong, suggesting continued robust growth. … READ MORE >
Chart of the day: Durable goods orders surged by a surprising 1.8% in August
Helped by strong aircraft orders, durable goods orders in August rose by 1.8% on the month, easily beating analyst estimates of 0.7%, according to Commerce Department data released Monday. … READ MORE >
Data deluge: Jobless claims ease to 411,000 as durable goods orders rise 1.1%
First-time jobless claims eased to 411,000 for the week ending June 19, a slight decline from the revised figure of 418,000 for the previous week, according to government data released on Thursday. … READ MORE >
CHART OF THE DAY: Capital goods shipments maintain upward trajectory
Monthly shipments of nondefense capital goods increased by nearly 5% during the first three months of the year compared to the months before the pandemic-induced economic shutdown. … READ MORE >