MoM in December, missing expectations and indicating a cooling trend in the manufacturing sector. Read more to see my ...
As traders approach another pivotal day for financial markets on Tuesday, January 28, 2025, a series of crucial economic data ...
A report released by the Commerce Department on Tuesday unexpectedly showed a steep drop by new orders for U.S. manufactured durable ...
Economists surveyed by the Wall Street Journal had forecast a 0.5% drop in orders for durable goods. This is the first time that durable goods have risen for three straight months since spring 2023.
The survey of new orders for long-lasting goods contains one of the most closely watched U.S. economic indicators. WSJ explains durable goods, and why investors look beyond the headline number for ...