Short-lived High for U.S. Durable Goods Orders

by Mary Hanbury Orders for long-lasting factory goods dropped in February, indicating that the manufacturing industry is facing significant pressure. The headline figure dropped 2.8 percent, driven by a substantial drop in aircraft sales. Core capital goods– a proxy...

US Durable Goods Orders Surge in January

by Mary Hanbury   Orders for long-lasting factory goods rebounded this month after a December slump, signaling improvement for the struggling U.S. manufacturing sector.   Overall, new orders were up 4.9 percent in January, an improvement from the 4.6 percent...