While the government layoffs contributed to the increase, new filings for jobless benefits in Washington accounted for only about 2,000 of the 22,000 overall increase. … READ MORE >
durable goods
Business spending on equipment falls in September, but orders pick up
Durable goods orders fell in September for the second month in a row, driven largely by drops in Boeing orders. … READ MORE >
U.S. economy remained resilient in first quarter amid signs of future softening
The data is not likely to change the Federal Reserve’s course on monetary policy, with the central bank likely to hold rates steady at its May meeting. … READ MORE >
Softer economic data reaffirms prospect of a soft landing
Softer economic data reaffirms we are inching closer to a soft landing
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Business equipment spending rebounds
Business orders for equipment rebounded in August after falling for two straight months, an encouraging sign for American businesses. … READ MORE >
Business spending on equipment falls more than expected
Orders and shipments of core capital goods that exclude defense and aircraft spending, a key measure of private business investment, both fell by 0.4% in March. … READ MORE >
U.S. inventories are growing at twice the rate of sales
The surge in inventories raises the risk that firms will be caught with excess supplies just as demand begins to slow down this year. … READ MORE >
Durable goods spending and jobless claims rise
Durable goods orders and shipments posted sharp increases in October, defying recession fears, while jobless claims increased last week. … READ MORE >
Consumer confidence and core investment grow despite recession fear
The Conference Board’s consumer confidence index rose above market’s expectation to 108 in September, the highest since May. … READ MORE >
Chart of the day: American businesses kept investing in April despite rising costs
Durable goods orders rose 0.4% on the month, following a downward revised 0.6% in March, according to data from the Commerce Department on Wednesday. … READ MORE >