by Elisa Muyl | Apr 24, 2024 | Manufacturing
Embed from Getty Images The US Census Bureau will release the March durable goods report on Wednesday morning. Economists expect orders for long-lasting manufactured goods to increase by 2.5 percent, or approximately $6.9 billion, over the previous month. So far this...
by Elisa Muyl | Mar 28, 2024 | Manufacturing
New orders for long-lasting US manufactured goods grew slightly more than expected in February, though the modest gains are not a clear signal that the manufacturing sector is recovering from a recession. Overall, durable goods orders increased 1.4 percent, or $3.7...
by Elisa Muyl | Mar 25, 2024 | Featured, Manufacturing
Embed from Getty Images A manufacturing boom in New Mexico is likely to bring jobs and growth to the state – but it may also exacerbate an existing housing crisis. The boom is partially due to the Biden administration’s 2022 CHIPS and Science Act, which is aimed at...
by Elisa Muyl | Mar 4, 2024 | Featured, Manufacturing
The reduction in new orders suggests the manufacturing sector is still in a recession US durable goods orders declined more than expected in January, a sign that the manufacturing sector has not yet begun to recover from two years of stalled growth. Overall orders for...
by Jonnathan Pulla Velecela | May 17, 2023 | Intel, Manufacturing
For years, Wyatt Hajda filled medical prescriptions at a veterinary pharmacy in Scottsdale, Arizona. Eventually, at age 32, he reached the maximum hourly pay rate of $23 per hour for someone at his position. With little or no future growth prospects in his job,...
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...
