Tag: durable goods

Durable Goods Orders Rise Above Forecasts in November but Business Spending Gauge Edges Down

U.S. orders of durable goods—products designed to last at least three years—jumped by a forecast-beating 2.5 percent in November, delivering a positive signal for the economy heading into 2022, but a measure reflecting business spending plans fell, suggesting shortages were crimping capital investment. New orders for U.S.-manufactured durable goods in November rose $6.5 billion, or…


US Durable Goods Orders Drop in September After 4 Months of Increases

U.S. orders of durable goods—products designed to last at least three years—fell in September after four consecutive months of increases, driven by a sharp drop in transportation equipment orders. New orders for U.S. manufactured durable goods in September fell $1 billion or 0.4 percent to $261.3 billion, the Commerce Department announced on Oct. 27. Consensus…


US Durable Goods Orders Fell in September After 4 Months of Increases

U.S. orders of durable goods—products designed to last at least three years—fell in September after four consecutive months of increases, driven by a sharp drop in transportation equipment orders. New orders for U.S. manufactured durable goods in September declined $1 billion, or 0.4 percent, to $261.3 billion, the Commerce Department announced on Oct. 27. Consensus…