factory orders August

Survey: US Manufacturing Shrinks for Third Month

U.S. factory activity shrank for the third straight month in August as new orders, production and employment all fell. The report adds to other signs that manufacturing is struggling around the globe.

Survey: US Manufacturing Shrinks for Third Month

U.S. factory activity shrank for the third straight month in August as new orders, production and employment all fell. The report adds to other signs that manufacturing is struggling around the globe.

A Strong Surprise for August Durable Goods Orders

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.