Durable Goods Orders Up; Homes Sales Down
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Orders for U.S. durable goods posted  a larger-than-expected rise in July, but new home sales showed  signs of buckling under the weight of higher interest rates,  two government reports showed on Wednesday.
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Sales of new single-family U.S. homes unexpectedly rose in July and new orders for durable goods posted strong gains that underlined the economy's strength just before a credit crisis socked financial markets.
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Sales of new U.S. homes and orders  for durable goods both fell more than expected in July,  providing further evidence of slowing U.S. economic growth.
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Sales of new U.S. homes fell in November to the lowest rate since 1995, but business activity perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.
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Stronger-than-expected orders for U.S.-made durable goods in December suggested the economy retained some life and might not need a heavy dose of interest-rate cuts, even though house prices fell a record amount in November.
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New orders for U.S.-made durable  goods tumbled an unexpectedly large 4.8 percent in April while  mortgage applications fell last week, a pair of soft economic  reports showed on Wednesday.
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U.S. orders for durable goods rose  by a smaller-than-expected 0.2 percent in September, held back  by another sharp fall in commercial aircraft, government data  showed on Wednesday.
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Orders to US factories for big-ticket durable goods edged up in September while sales of new homes raced to the third-highest monthly level on record.
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New orders for U.S.-made durable  goods excluding the volatile transportation sector rose more  than expected in July and the number of workers seeking jobless  benefits fell slightly last week, government reports showed on  Thursday.
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Sales of new U.S. homes unexpectedly   rose in August after July sales came in much weaker than first   thought, while new orders for durable goods fell, according to   government reports on Wednesday that signaled continued   economic softness.
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US orders for durable goods may have risen for a second straight month in July, paced by more bookings for commercial aircraft, computers and machinery, according to a survey of economists ahead of today&#39;s government report.
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Sales of new homes were unexpectedly weak last month, although they climbed off an 11-year low, and orders for long-lasting goods fell, according to data on Thursday that underscored the economy's weakness.
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New orders for U.S.-made durable  goods fell unexpectedly in August and mortgage applications  declined last week in spite of dropping interest rates, reports  pointing to economic weakness showed on Wednesday.
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U.S. durable goods orders rose, with  key components gaining strongly, and single-family homes sales  soared in September, reinforcing views the Federal Reserve will  raise interest rates further this year.
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Orders increased at US factories in August for a range of durable goods, including automobiles, metals and communications equipment, evidence manufacturing will help drive the economic expansion.
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Factory orders for costly manufactured goods in July recorded the biggest gain in four months. Meanwhile, sales of new homes slid, according to a pair of reports that offered a mixed picture of economic activity.
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Orders to US factories for big-ticket durable goods, propelled by a jump in demand for communications equipment, edged up 0.2 percent in September.