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Five things to watch out for in the upcoming durable goods report 

by Impu Sehgal | Apr 26, 2023 | Manufacturing, Uncategorized

New orders for durable goods had been plunging in the months of January and February, signaling that the market for long-lasting consumer goods is contracting as the Federal Reserve continues to raise interest rate hikes and the banking crisis deepens. The new durable...

Manufacturers are turning to remote and hybrid work to address their labor shortages

by Impu Sehgal | Apr 17, 2023 | Manufacturing, Uncategorized

Like many recruiters in 2023, Jackie Curtsinger often interviews candidates who want hybrid or remote work opportunities. But for her, there’s a catch: She works primarily with companies in manufacturing, where some amount of in-person work is unavoidable. ...

Manufacturing begins to contract amid banking fears and consistent Fed cuts

by Impu Sehgal | Mar 24, 2023 | Featured, Manufacturing

Durable goods orders continued declining in February, signaling that the rising borrowing costs might be sparking trouble for the manufacturing industry. New orders for all long-lasting goods fell by one percentage point this month after plunging by 5% in January,...

Rebound in U.S. capital goods orders signals an expanding economy

by Impu Sehgal | Mar 11, 2023 | Featured, Manufacturing

New orders for manufactured goods fell last month but remained strong— weathering the storm and signaling an expanding economy.  New orders for durable goods sank by 4.5% in January, the biggest decline reported since April 2020, according to the Commerce Department....

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About Us

Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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