Durable-goods orders rise for third month in a row — if Boeing is taken out of the equation

Orders for long-lasting goods in the US rose in July for the third consecutive month, indicating a potential stabilization of the struggling industrial side of the economy, if the fluctuations caused by Boeing orders are excluded.

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8/23/2023

Big US retailers' 'just-in-time inventory' habit makes a comeback

Major U.S. retailers are returning to "just-in-time" inventory strategies after pandemic-related shipping problems, reducing inventories by 4% in the second quarter and putting themselves in a better position for the peak holiday season.

8/29/2023

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market

The number of job vacancies in the US dropped in July, indicating a cooling labor market that could alleviate inflation, while fewer Americans quit their jobs and consumer confidence in the economy decreased, potentially impacting consumer spending; these trends may lead the Federal Reserve to delay a rate hike in September.

9/1/2023

ISM factory index stumbles for 10th consecutive month in August

U.S. manufacturing activity rose in August, but the sector remains in contraction territory according to the Institute for Supply Management, suggesting that a sustained recovery is unlikely amid a weakening global economy.

9/5/2023

U.S. factory orders plunge in July after four straight gains

U.S. manufactured goods orders experienced a significant 2.1% decline in July, the first drop in four months, due in part to higher interest rates impacting business equipment spending.

9/6/2023

German industrial orders fall more than expected in July

German industrial orders fell more than expected in July, declining by 11.7% on a seasonally and calendar adjusted basis, due to a large order in the aerospace sector the previous month, indicating weakness in the global economy and high energy costs.

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Posted 8/24/2023, 12:44:00 PM