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Five things to watch for in tomorrow’s durable goods report

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...

Durable Goods rebound moderately in February, but it’s too soon to know whether the manufacturing sector is in recovery

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...

The CHIPS Act is poised to bring more jobs to New Mexico. It’s unclear how that will affect the local housing market. 

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...

Durable Goods orders drop steeply in January in sharpest decline since the pandemic

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...

Semiconductor industry set to boost job creation and localities

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,...

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...
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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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