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A first look at May orders and shipments of manufactured durable goods, a key indicator for trucking freight.
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New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.
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An advance report shows both new orders and shipments for manufactured durable goods declined in April, but a key indicator increased for the second consecutive month.
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Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
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Retail prices fell in January from the month before and from a year earlier, marking the first annual drop in more than five years.
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A full report on activity at U.S. factories in December shows drops in both shipments and new orders, according to the U.S. Commerce Department.
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Shipments of U.S. manufactured durable goods, those designed to last three years or more, rebounded in December but new orders turned in its worst performance since August, according to a new U.S. Commerce Department report.
Read More →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.
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Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.
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An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.
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