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."
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Some U.S. manufacturers find reasons to be cheerful about their prospects

Aug 24, 2023
Manufacturing has been weak for a while. But companies are optimistic about government investment and a future uptick in demand.
The Biden administration is investing in domestic industries it sees as strategically important, like clean energy. Above, wind turbine blades in a storage lot.
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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.
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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.
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