Durable Goods Orders Jump Nearly 3 Percent in August, Core Business Investment Gauge Rises

Date:

Durable Goods Orders Jump Nearly 3 Percent in August, Core Business Investment Gauge Rises

A Boeing 737-823 operated by American Airlines takes off from the Reagan National Airport as U.S. flags flutter in Washington on Nov. 23, 2024. Benoit Tessier/Reuters

Demand for U.S. durable goods rebounded in August after two straight months of declines, while a key measure of business investment posted another gain in a sign of resilience in the manufacturing sector.

Orders for durable goods—ranging from computers to aircraft—increased by 2.9 percent last month, the Commerce Department’s Census Bureau reported on Sept. 25.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Hegseth Heads to NATO Meeting as US Recalibrates European Defense Responsibilities

U.S. War Secretary Pete Hegseth speaks to the press...

Pentagon Restores Pacific Command Name, Reversing 2018 Indo-Pacific Rebrand

The Pentagon logo behind the podium in the briefing...

South Korean President Asks Trump to Push North Korea Peace Effort

President Donald Trump greets South Korean President Lee Jae...

Jeju Winter Radish: A Crop Defined by What Winter Refuses to Let Grow

Jeju winter radishes grow low to the ground in...