Breitbart Business Digest: Factory Orders Zoom Ahead

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

comes from the Commerce Department’s monthly report on factory orders. These jumped by an impressive 1.4 percent in August after slumping 2.1 percent in July. This was much better than the small 0.2 percent increase forecast by Wall Street.Factory orders have risen in five out of the last six months

, including four straight months of gains prior to July. What’s more, the July slump was driven by 45.7 percent decline in the volatile category of civilian aircraft. Exclude transportation, and July’s figure was a gain of 0.9 percent .have been up every month since a month-to-month gain in December ended the contraction streak that had been running since June of 2022.excluding transportation rose 1.4 percent. Durable goods orders minus transportation were up by a strong 0.

in our analysis of the August factory orders. Defense aircraft and parts orders rose 19.2 percent in August and are up 13 percent year-to-date. If we exclude defense from total factory orders, the rise comes down to a still respectable 0.8 percent.are showing strength. Household appliance orders jumped 3.6 percent and are up 5.5 percent year to date. Orders for nondefense capital goods, excluding aircraft, rose 0.7 percent.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 610. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Breitbart Business Digest: Why Job Openings Mysteriously Soared in AugustThe August job vacancy data is the latest evidence that the economy accelerated in the second half of the year, defying expectations that interest rate hikes would be a drag on growth.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Business Highlights: The US job market remains hot, Wall Street stocks tumbleBusiness Highlights: A summary of the day’s top stories in the business world.
La source: AP - 🏆 728. / 51 Lire la suite »

Breitbart’s Carney: Housing\u00a0Gone Berserk \u2014 It’s ‘Least\u00a0Affordable’ Market We\u00a0Ever HadSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »