U.S. Core Capital Goods Orders Drop 0.2%
“Last year’s moonshot in business spending is showing some signs of returning to earth,” one economist says.
Durable Goods Orders Rise 2.1% in September
With core capital goods orders up 1.3% last month, "business equipment investment appears to be going from strength to strength."
Durable Goods Orders Climb 1.7% in August
The better-than-expected increase, combined with another gain in core capital goods orders, indicate manufacturing's recovery is picking up steam.
Durable Goods Orders Fall to Three-Year Low
Core capital goods orders rose 0.4% in July, suggesting business spending is picking up early in the third quarter.
Durable Goods Hit Three-Year High in June
The 6.5% gain was driven by the aircraft industry but excluding planes and autos, orders rose only 0.2%.
Durable Goods Orders Increase 0.7% in March
But a gain of only 0.2% in core capital goods orders suggests momentum in manufacturing has eased after recent strong growth.
Durable Goods Orders Rise 1.7% in February
"The evidence is building that manufacturing activity is on something of an upswing," an economist says.
Durable Goods Orders Rally With 1.8% Gain
Excluding the volatile transportation sector, orders fell 0.2% in January and a gauge of business investment declined for the first time in three months.
Durable Goods Orders Surge 4.8% in October
Combined with other recent data, the latest durable goods report suggests "the economy continued to gain speed early in the fourth quarter.”
Durable Goods Orders Fall 0.1% in September
The drop follows two months of gains, but economists see signs of a recovery in core capital goods.
Durable Goods Orders Rebound With 4.4% Gain
The July report also shows a 1.6% increase in core capital goods orders, fueling hopes of a pickup in business investment.