Orders for long-lasting items rose 0.8% in June. The data could reflect trends in inflation, automation and the economic recovery.
Raimondo discusses the infrastructure packages moving through Congress and the semiconductor chip shortage.
The Commerce Department says, starting Sunday, neither app can be downloaded or updated in the U.S.
Will consumers stop propping up aging economic recovery?
Orders for autos, metals and business machinery were all down.
Data suggests industry objections weigh heavily in decisions.
Ronnie Smith at McMahon Steel is not convinced the people evaluating his requests were prepared to do so.
This post was updated on July 27 at 7:54 a.m. CT. The Commerce Department has released second-quarter gross domestic product numbers this morning, showing that the U.S. economy grew at an annual rate of 4.1 percent — the fastest pace since 2014. That figure was driven by exporters rushing to get products delivered ahead of […]
U.S. tariffs announced today will affect more than 800 products from China, everything from aircraft tires and boat motors to cranes and bulldozers. Government officials say they’ll give U.S. companies the chance to request that certain products they import from China be excluded from the tariffs. Already, thousands of companies have filed applications with the […]