Durable Goods Orders Rise 2.2 Percent In February

WASHINGTON (Reuters) - New orders for manufactured goods rose less than expected in February and a gauge of future business investment also fell short of forecasts, Commerce Department data showed on Wednesday.

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  • U.S. Durable Goods Orders Unexpectedly Slump 1.1% In February
    The Commerce Department said durable goods orders slumped by 1.1 percent in February after spiking by an upwardly revised 3.5 percent in January. The pullback came as a surprise to economists, who had expected durable goods orders to climb by 0.8 percent compared to the 3.4 percent jump that had been reported for the previous month.
    04/17/2021 - 4:52 am | View Website
  • February Durable Goods: Orders Down, Shipments Down ...
    Finally, the value of unfilled orders for manufactured durable goods, which are probably a better measure of industry conditions than the widely watched but often very volatile new orders, rose for the second consecutive month after failing to rise over the prior ten, increasing by $8.4 billion or 0.8 percent to $1,082.0 billion, following a 0 ...
    04/17/2021 - 3:55 am | View Website
  • United States Durable Goods Orders | 1992-2021 Data | 2022 ...
    New orders for US manufactured durable goods unexpectedly sank 1.1 percent month-over-month in February of 2021, compared to market forecasts of a 0.8 percent increase. It is the first decline in durable goods order in ten months, mainly due to a 1.6 percent drop in transportation, namely motor vehicles (-8.7 percent) . Other declines were also seen in orders for computers and electronic ...
    04/16/2021 - 11:16 pm | View Website
  • Current US GDP Rate Q4 Third Estimate: 4.3%
    The BEA's third and final estimate for the second quarter of 2020 was a decline of 31.4%. Consumer spending fell by 33.2%. Spending on durable goods only dropped by 1.7% while nondurable goods spending fell by 15%. Sales to services fell by a painful 41.8%.
    04/16/2021 - 7:34 pm | View Website
  • United States Goods Trade Balance | 1955-2021 Data | 2022 ...
    The goods deficit in the US widened to a record high of $86.7 billion in February of 2021 from $84.6 billion in January. Exports of goods were $130.1 billion, $5.1 billion less than January exports. Biggest decreases were seen in sales of capital goods (-5.9 percent), autos (-5.9 percent), consumer goods (-5.7 percent) and food and beverages (-5.4 percent).
    04/16/2021 - 7:05 pm | View Website
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