Economic News Blog

Friday, January 8, 2021

Durable Goods New Orders Increase for First Time in 9 Months

November orders were 2.8% more than one year ago, making it the first month of growth since February 2020 and just the second since January 2019.
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Monday, January 4, 2021

Gardner Business Index - December 2020

Manufacturers closed the year on a high note as business activity across many business elements improved during December.  Trends seen during the second-half of 2020 suggest that 2021 will have challenges of its own that manufacturers would be wise to proactively tackle early in the new year.
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Monday, January 4, 2021

Cutting Tool Orders Improving

In October, real cutting tool orders were $167.9 million, which was the highest order total since March.
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Monday, January 4, 2021

Annual Disposable Income Growth Fastest in 35 Years

While disposable income is growing at its fastest annual rate in 35 years, consumer spending is contracting at its fastest annual rate since the data series started in 1959.
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Monday, January 4, 2021

Durable Goods Spending Still Strong

The month-over-month rate of growth for durable goods spending was 12.1%, which was the sixth straight month with growth faster than 11%.
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