DurableGoods

U.S. Manufacturing Activity Sees Positive Turn for the First Time Since 2022

6 days ago

In an encouraging sign for the American economy, recent reports indicate that U.S. manufacturing activity has expanded for the first time since 2022. This marked shift has sparked optimism among economists and industry leaders, suggesting a potential recovery in the manufacturing sector, which plays a critical role in the overall economic landscape.

US Durable Goods Orders Decline for Second Straight Month Amidst Aircraft Booking Slowdown

4 months ago

In a significant downturn for the manufacturing sector, US durable goods orders fell by 0.8% in September, marking the second consecutive month of decline. This downturn was largely attributed to a notable decrease in aircraft bookings, a key component of the durable goods category. The latest figures highlight ongoing challenges within the industry as businesses navigate fluctuating demand amidst broader economic uncertainties.