durable goods orders

U.S. Factory Orders Take a Sharp (but Temporary) Dip in March

Demand for U.S. factory goods fell by 1.5% in March -- the biggest drop in three years -- driven by a sharp decline in orders for commercial aircraft. But airplane orders are a volatile statistic, and more recent data suggest the dip may be temporary. The Commerce Department said Wednesday that orders for factory goods fell 1.5%, the steepest decline since March 2009, when the economy was mired in recession. Orders rose 1.1% in February.

Durable Goods Orders Plummet in March; Aircraft Sales to Blame

Orders for long-lasting factory goods fell by the largest amount in three years last month, mostly because demand for commercial aircraft plunged. But companies also ordered less machinery and other equipment, a sign manufacturing output may slow.

Week in Preview: Discover, Oracle and Tiffany Earnings

Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-estate data coming out.

This Week: Major Earnings and Reports Every Day

With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.

U.S. Factories Keep Humming: Orders Rose 2.1% in September

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.