Durable Goods
| 10:45AM 11/24/2010
Growth in industrial production eased in October, as durable goods orders unexpectedly fell 3.3%.
It was the largest decline in orders since January 2009.
| 11:35AM 11/09/2010
U.S. wholesale inventories rose 1.5% in September, and when combined with a more-optimistic outlook by U.S. CEOs, the data suggest suppliers and businesses expect slightly better holiday sales this year than in 2009.
| 11:45AM 11/03/2010
Investors got more evidence today that the manufacturing sector expansion continued into late summer/early fall. The key ex-transportation component also came in higher, at 0.4%. And the ex-defense number rose 1.9%. A solid month overall.
| 11:45AM 10/04/2010
While overall factory orders fell 0.5% in August, if we factor out the volatile transportation component, orders actually rose 0.9% in August -- a statistic that confirms that the expansion in the nation%u2019s manufacturing sector continued this summer, but at a slower pace.
| 4:05PM 9/24/2010
Stocks rallied sharply Friday to extend their winning ways to a fourth consecutive week. That's the longest rally since late April, when the markets hit their last peaks.
| 10:30AM 9/24/2010
August's 1.3% drop in durable goods orders looks bad. But the real story is that the more-telling component that excludes volatile transportation orders rose 2%, doubling a Bloomberg survey's consensus estimate. So far, Wall Street is reacting ecstatically.
| 12:00PM 9/02/2010
Factory orders rose just 0.1% in July, the U.S. Commerce Department announced Thursday in a report that further clarified that the manufacturing sector's expansion slowed down this summer. While the statistic did indicate tepid growth, it was less than the 0.3% gain economists had predicted.
| 5:50AM 8/26/2010
Here's news from the business world and other money matters to watch out for Thursday (last updated at 7:30 a.m. Eastern time):
Americans Owe Less Credit-Card Debt: Skittish consumers reduced their credit-card indebtedness sharply in the second quarter, credit-rating company TransUnion reported...
| 11:20AM 8/03/2010
Orders fell 1.2% in June, well below a survey estimate of a 0.5% drop, marking two down months in a row. Even excluding the often-volatile transportation component (airplanes and cars), orders fell 1.1% in June.
| 8:23AM 7/28/2010
Durable goods orders fell 1% in June, the second straight monthly decline.
New orders in June fell $2 billion to $190.5 billion, the Commerce Department said in a statement. Excluding transportation, new orders fell 0.6%. Excluding defense, new orders fell 0.7%.
Durable goods orders fell 0.8%...