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....
by Keira Wingate | Apr 25, 2021 | Featured, Manufacturing
The Commerce Department will release the advanced durable goods report on Monday. Economists expect a positive report after February’s slight decline, the first decline in nine months. With high vaccination rates in March, the report should signal an...
by Keira Wingate | Apr 9, 2021 | Featured, Manufacturing
Jennifer Peters was looking for another quarantine project and a bit of an escape at the start of the year. When the offer to buy a NASCAR-sticker-covered 2001 Damon Daybreak RV fell into her lap in February, she and her husband jumped on the opportunity. “My kids are...
by Keira Wingate | Mar 26, 2021 | Featured, Manufacturing
Long-lasting goods orders in February showed the first decrease in nine months, but economists say to take this report with a grain of salt. Orders for manufactured durable goods fell 1.1% from January, a modest loss of $2.9 billion, the Census Bureau reported on...
by Keira Wingate | Feb 28, 2021 | Featured, Manufacturing
American households and businesses ordered more long-lasting goods in January, a sign that the COVID-19 pandemic hasn’t slowed down consumer or business spending. The Department of Commerce said Thursday that the growth rate increased 3.4% on long-lasting goods like...
by Sam Sharpe | Sep 6, 2020 | Manufacturing
Unlike many of his coworkers, Graham Davis was relieved to be laid off from his job at Boeing. Davis, who worked as an electrical maintenance technician at the company’s Everett, WA plant, was glad to know he would at least receive compensation when the company...
