Core capital goods spending rose in April, a positive sign for future production

May 27, 2024
The measure, which also increased year over year, tracks big, one-off purchases like machinery for manufacturing.
The core capital goods category tracks big, one-time purchases made by businesses, like machinery.
Justin Sullivan/Getty Images

Why are computer orders holding up so well?

Mar 26, 2024
Consumers replacing devices bought early in the pandemic and enthusiasm for AI capabilities partly account for the healthy figures.
On average, people buy new computers every three years or so, says Janet Tang at AlixPartners.
Patrick T. Fallon/AFP via Getty Images

Falling aircraft sales pull down durable goods orders, but there's more to the story

Feb 27, 2024
"It's by no means anywhere near as awful as the headline number makes it look," one analyst says.
“We had this extraordinary circumstance of an airplane having its door ripped off in mid-air” that skewed overall durable goods data, says John Diamond of Rice University.
J. David Ake/Getty Images

Businesses are spending to boost productivity, regardless of higher interest rates

Dec 22, 2023
Some are doing well enough that they don't need to borrow in order to expand and improve.
Core capital goods, which are big, one-off investments to improve productivity and boost the bottom line, rose 0.8% last month.
PhynartStudio/Getty Images

Durable goods orders have been rising. That's great news for the economy.

Nov 22, 2023
Businesses don't buy 'em unless they think they need 'em.
If businesses are splurging on durable goods, "the economy is still expanding," said Nationwide's Kathy Bostjancic.
Frederic J. Brown/AFP via Getty Images

Aircraft orders can distort economic data. They also propel a lot of economic activity.

Sep 27, 2023
Their volatility can overshadow broader trends. But those orders are just the start of a long, expansive manufacturing supply chain.
While aircraft orders jump around month to month, the supply chain, which involves thousands of companies, never stops.
Juliette Michel/AFP via Getty Images

Why U.S. factory orders just dipped after four straight months of gains

Sep 5, 2023
Order numbers are somewhat distorted by a volatile, expensive durable goods category: commercial airplanes.
"Boeing orders fell to only 52 planes in July," said Sam Stovall at CFRA Research. "That is what really dragged down the overall factory order."
Stephen Brashear/Getty Images

For public good, not for profit.

Why durable goods orders reflect consumer demand

Jun 26, 2023
This week, the Census Bureau will report how many manufactured durable goods businesses ordered in May. Many manufacturers haven't been making as many products, but certain types of equipment are still in high demand.
Orders of computers have been rising lately, as businesses try to boost productivity through investments in tech during a tight labor market.
Brandon Bell/Getty Images

A surge in commercial aircraft purchases is papering over declining business investment

Apr 26, 2023
A burst of orders for Boeing in March juiced the durable goods data.
“Airlines are feeling pretty positive — both about where they are and about the future," said Brad McMillan at Commonwealth Financial Network.
Daniel Slim/AFP via Getty Images

The economy's contradictory signals: more jobless claims, but more durable goods orders too

Nov 23, 2022
Rising orders for things like cars and dishwashers point to big improvements in global supply chains and few shortages, one economist says.
Orders for durable goods, which include trucks and cars, are up.
Jeff Kowalsky