Durable Goods Orders

August 26, 2024 Durable goods orders jumped 9.9% in July after having fallen 6.9% in June.   The June decline and the July jump were both attributable to the very volatile transportation sector, non-defense aircraft in particular.  Durable goods orders have risen 1.3%...

Industrial Production

August 15, 2024 Industrial production fell 0.6% in July after rising 0.3% in June.  The Fed reported that preparations for Hurricane Beryl caused about one-half of the overall decline.  In the past year industrial production has declined 0.2%.  Thus, the manufacturing...