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 >
durable goods
RSM US Manufacturing Outlook Index: Still expansionary, but slipping from its peak
After a year of rapid growth in the manufacturing sector, there are signs that the buoyancy is ebbing. The RSM US Manufacturing Outlook Index, while still elevated, declined in August after peaking in July. … READ MORE >
RSM Manufacturing Outlook Index: New orders, sales and sentiment imply economic expansion has begun
Surveys of manufacturers conducted by six regional Federal Reserve banks reflect robust confidence in the outlook for manufacturing, despite being tempered by supply chain bottlenecks and price increases. … 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: Surging RSM US Manufacturing Outlook Index implies a robust recovery
For the second month in a row, manufacturers’ optimism surged, which implies further acceleration in overall industrial production and manufacturing conditions. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders stall
Orders for long-lasting factory goods decreased for the first time in 10 months in February, according to U.S. Department of Commerce data released on Wednesday. … READ MORE >
RSM US Manufacturing Outlook Index: A sustained recovery as rebound takes shape
For the seventh consecutive month, the RSM US Manufacturing Outlook Index increased, showing above-normal manufacturing sentiment. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders rise for eighth straight month
Orders for long-lasting factory goods increased in December, according to U.S. Department of Commerce data released on Wednesday. New orders for durable goods rose 0.2% to a seasonally adjusted $245.3 billion in December, following an upwardly revised 1.2% gain (previously 1%) in November. … READ MORE >
Pre-holiday data deluge: A November to remember
Among a series of economic reports released on Wednesday, first-time jobless claims increased for the second consecutive week, with the top line increasing to 778,000 for the week ending Nov. 21, up from 742,000 previously, … READ MORE >
CHART OF THE DAY: Durable goods orders rise for fifth straight month
Orders for long-lasting factory goods increased for the fifth consecutive month in September, according to U.S. Department of Commerce data released on Tuesday. New orders for durable goods rose 1.9% in September compared with August. … READ MORE >