by craiggiammona | May 11, 2013 | Economy
The manufacturing sector has bounced back in Rockford, Illinois, a former industrial powerhouse that was hit hard by layoffs and factory closings during the economic downturn. After slashing workers and briefly shutting down amidst the financial crisis, the nearby...
by craiggiammona | Apr 23, 2013 | Economy
New orders for durable goods likely slowed in March, as a drop off in aircraft purchases was expected to drive down the key measure of manufacturing activity. Economists surveyed by Bloomberg expected orders for durable goods to fall 3 percent on average, a sharp...
by craiggiammona | Mar 26, 2013 | Economy
New orders for durable goods surged 5.7 percent in February, the fifth time in the last six months that the key measure of manufacturing activity increased. The monthly gain, which beat expectations by nearly 2 percent, was driven by a big jump in civilian aircraft...
by craiggiammona | Mar 17, 2013 | Economy
The nation’s steadily improving housing market is boosting the manufacturing sector, driving up orders for household appliances like dishwashers, refrigerators and washing machines. Shipments of appliances have risen steadily over the last year, as home prices have...
by craiggiammona | Feb 27, 2013 | Economy
Orders for durable goods slumped in January, pulled down by big drops in defense spending and aircraft orders, but there are encouraging signs that business spending is starting to pick up amid the sluggish economic recovery. Overall, durable goods orders dropped 5.2...
