Economic News Blog

Monday, April 5, 2021

Durable Goods New Orders Grew for Fourth Consecutive Month

Durable goods new orders continued their run of growth as aerospace new orders grew 31% from one year ago, which was their first month of growth since July 2019.
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Friday, April 2, 2021

The 2020 World Machine Tool Survey Shows Machine Tool Downturn Continued

The 2020 World Machine Tool Survey details the machine tool production, imports, exports, and consumption of 62 countries. Also, highlighted are trends in key leading indicators, such as money supply, industrial production, and capacity utilization. And, the top five imported and exported machine tool types with their percent change from the previous year for each country are also detailed.
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Thursday, April 1, 2021

March 2021 GBI: 63.2

Government stimulated consumption over the last year coupled with unprecedented restrictions on global production has driven the intersection of supply and demand into unprecedented territory.  Price shocks as reported by manufacturers are being felt both upstream and downstream; it may only be a matter of time before these shocks are more directly felt at the consumer level.
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Friday, March 26, 2021

February Monetary Base Growth Fastest since May 2020

Compared with one year ago, February’s monetary base was up 57.7%, which was the sixth month in a row and eighth in the last 10 months with faster than 50% growth.


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Friday, March 26, 2021

Durable Goods Spending Continued Torrid Growth in February

Thanks to low interest rates, stimulus, and shifting spending patterns, consumer durable goods spending continued to grow at its fastest rate in decades. 
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