U.s. Durable Goods Orders Drop, Home Sales Rise

WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods fell in August and sales of new homes rose below expectations, according to government data on Friday that fanned fears that recovery from recession would be tepid.

Topics:  washington reuters     new   u.s    august   goods   orders   home   sales   
  • Home Furnishings Retailers Struggle As Fewer Houses Sell—From Williams-Sonoma To Wayfair To Home Depot
    Sonoma, Wayfair, Home Depot, and Lowe’s, all reported revenue drops in first-quarter sales, as high mortgage rates and sluggish home sales dampen demand for furnitures and home improvements.
    06/21/2024 - 1:05 pm | View Link
  • U.S. Stocks Close Mixed Following Lackluster Session
    Economists had expected existing home sales to drop to a rate of 4.10 million ... Reports on new home sales, consumer confidence, durable goods orders and pending home sales may also attract attention ...
    06/21/2024 - 5:19 am | View Link
  • Home Sales Fell To Historic Lows In May
    Dropping to their third-lowest rate in a decade this May, home sales are feeling the impact of high mortgage rates and lacking inventory a new report from Redfin reveals. The real estate brokerage ...
    06/17/2024 - 2:54 am | View Link
  • U.S. factory orders rise for third straight month in April
    Orders for manufactured goods rose 0.7% in April, the Commerce Department said Tuesday. That’s the third straight monthly gain. The increase was in line with the consensus of economists surveyed by ...
    06/4/2024 - 3:11 am | View Link
  • U.S. core capital goods orders rise, inflation expectations improve
    Core capital goods orders jumped 1.2 per cent on a year-on-year basis in April. Shipments increased 0.4 per cent after a 0.3 per cent drop in March ... showed orders for durable goods, items ...
    05/23/2024 - 1:01 pm | View Link
  • More


Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News