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The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.

Tags: Economy, GDP, Durable Goods

UPDATED -- The U.S. economy shrank at its steepest rate in the first quarter of the year since first quarter of 2009, amid the Great Recession, according to a new estimate from the Commerce Department.

Tags: Economy, GDP, Durable Goods

UPDATED: Shipments for these items designed to last three years or more fell 0.2% from March, following a 1.3% gain. The decline was led by a 1% drop in transportation shipments.

Tags: Economy, Durable Goods, Consumer Confidence

Shipments fell 0.4% in January from the month before, it’s third straight decline, after dropping 1.8% in December. Shipments of machinery led the decline, falling 2.6%.

Tags: Economy, Durable Goods, Manufacturing

Shipments and new orders for manufactured durable goods in the U.S. ended 2013 on a down note, but each were up for the year, according to a new U.S. Commerce Department report released Tuesday.

Tags: Economy, Consumer Confidence, Durable Goods

While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.

Tags: Economy, Consumer Confidence, Durable Goods

Shipments and new orders for manufactured goods in the United States both headed higher in May, according to a new U.S. Commerce Department report, easing earlier fears this important sector to trucking and the economy might be in for tougher times.

Tags: Economy, Durable Goods, Manufacturing

The first look by the federal government at orders and shipments of manufactured durable goods in May shows conditions continue improving. More good news came from the housing sector and in consumer confidence.

Tags: Economy, Housing, Durable Goods, Consumer Confidence

A first look one economic indicator shows improvement in one area of durable goods while conditions lag in another – but some analysts say this part of U.S. economy continues to improve.

Tags: Economy, Durable Goods, Home Sales

The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.

Tags: Economy, Durable Goods

A new full report from the U.S. Commerce Department shows factory goods shipments and orders are continuing a nearly non-interrupted streak of increases, which combined with other evidence bodes well for the near future of trucking.

Tags: Economy, Durable Goods, Manufacturing, Construction

Shipments and orders of manufactured durable goods, increased in February according to numbers released today from the U.S. Commerce Department, while home sales slid and consumer confidence fell in March.

Tags: Economy, Housing, Durable Goods, Manufacturing, Consumer Confidence