by Natalie Peart | May 26, 2021 | Economy
The April durable goods report will be released Thursday morning at 8:30 a.m. amid labor shortages and production bottlenecks. While new orders were up in the March report by 1.1. percent, some economists wonder if businesses can meet the strong demand from consumers....
by Natalie Peart | Apr 18, 2021 | Economy
In the early days of the pandemic, business slow downs or closures meant less revenue or none at all. For Craig Forester, it meant a surprise increase in sales. Forester is the Operations Manager of Rex Lumber Company, a third generation hardwood and tropical lumber...
by Natalie Peart | Mar 30, 2021 | Economy, Featured
New orders and shipments of durable goods, such as machinery and parts for motor vehicles, decreased in February. Economists pointed to inclement weather across multiple states and existing production slowdowns as key causes. At the same time, economists also said...
by Natalie Peart | Mar 1, 2021 | Economy, Featured
New orders of capital goods, an important component by which economists measure business activity, increased in January. Many economists believe that business and consumer spending on goods is the reason for the strong showing last month. Capital goods was up 6.5%...
