durable goods News

US Factory Orders Take a Sharp Dive in June: A Closer Look at the 4.8% Drop

US factory orders dropped by 4.8% in June, with durable goods orders falling sharply by 9.4%, while nondurable goods saw a slight increase. Shipments and unfilled orders rose, indi...

June Sees a Slight Rise in Canada's Inflation Rate to 1.9%, Surpassing May's Figures

Canada's inflation rate edged up to 1.9% in June, driven by higher prices in services, food, shelter, and durable goods. The monthly CPI showed a slight increase, matching analysts...

December Sees a 0.9% Dip in US Factory Orders, Signaling Economic Shifts

US factory orders fell by 0.9% in December, with durable goods orders dropping by 2.2%. Shipments increased by 0.6%, and inventories rose by 0.4%, indicating a complex economic lan...

U.S. Manufacturing Sector Faces Setback: December Factory Orders Drop by 0.9%

The U.S. manufacturing sector saw a 0.9% decrease in factory orders in December, totaling $578.5 billion, with durable goods and unfilled orders also declining. However, shipments ...

Wall Street Rebounds: Markets Shake Off DeepSeek Fears, Focus on Housing and Tech Earnings

Wall Street indexes closed higher as markets recovered from the initial scare caused by DeepSeek's debut. Investors focused on positive housing, durable goods, and consumer confide...

November Sees a 0.4% Dip in US Factory Orders: A Closer Look at the Economic Slowdown

In November, US factory orders declined by 0.4%, a $2.1 billion drop to $586.1 billion, contrasting October's 0.5% rise. Durable goods orders fell by 1.2%, while shipments and unfi...