Industrial Production

September 15, 2021 Industrial production rose 0.4% in August after climbing 0.8% in July  Production has risen steadily since reaching a low point in April of last year.  The nation’s production sector continues to recover.  However, as shown below, production...

Durable Goods Orders

August 25, 2021 Durable goods orders fell 0.1% in July after rising 0.8% in June.  The decline in July was civilian aircraft orders which fell $7.0 billion or 48.9%, but these orders are notoriously volatile.  Further, orders generally are growing steadily but the...