Durable Goods Orders: A Ray of Sunshine or Dead Cat Bounce?
The October Advance Report on September Durable Goods was released this morning by the Census Bureau. Here is the summary on new orders: New orders for manufactured durable goods in September decreased...
View ArticleDurable Goods Orders Tumble to 3-Year Low, Signal Slowdown
New orders for manufactured goods dropped the most in three years last month as demand fell for everything from machinery to aircraft. Durable goods orders declined 4.0 percent in January, the biggest...
View ArticleA Deep Dive into Durable Goods Orders
Earlier this morning I posted an update on the March Advance Report on March Durable Goods Orders. This Census Bureau series dates from 1992 and is not adjusted for either population growth or...
View ArticleMonday’s Mid-Day Movers: 3 Stories Driving Markets
The U.S. equity markets partied hard on Friday and paid for it on Monday. At mid-day, the Dow was back below 14,000 and the S&P was back below 1,500 as economic headwinds brewed up some dark...
View ArticleMarkets Get This Fresh Cheer From Economic Reports
Tuesday’s economic news brought us five reports — all of which beat economists’ expectations. The day began with the Census Bureau’s Advance Report on Durable Goods Orders for May, which indicated a...
View ArticleRising Factory Orders Confirm Modest Manufacturing Recovery
The U.S. Census Bureau reported on Friday morning that total new orders for manufactured goods increased 1.5 percent on the month in June to $496.7 billion. This follows an upwardly-revised increase...
View ArticleMonday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Monday. Japan’s Nikkei index closed down 0.18 percent at 13,636.30 on light volume as investors digested the usual uncertainty over tapering in the U.S. and possible...
View ArticleAerospace Dominates U.S. Factory Activity in September
Source: http://www.flickr.com/photos/usnationalarchives/ The U.S. Department of Commerce reported on Friday morning that factory orders for durable goods increased 3.7 percent on the month in...
View ArticleManufacturing Recovers as Demand for Durable Goods Soars
Source: http://www.flickr.com/photos/usnationalarchives/ The data is in, and the news is good. Manufacturing conditions improved more than expected in November, according to the U.S. Census Bureau’s...
View ArticleHere’s the Steadily Improving Economic Outlook for 2014
It’s that time of the year. I can’t let the pundits pontificate without throwing my opinion into the ring. This post will take you on a tour of the individual components of The Conference Board’s...
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