Orders for durable goods sizzle in July
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US factories posted their biggest gain in four months on orders for costly manufactured goods, but new-homes sales slid, according to a pair of reports offering a mixed picture of economic activity in July.
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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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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent in December and a key gauge of business spending also surged, a Commerce Department report showed on Tuesday.
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Orders for US 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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US manufacturing expanded at a slower pace in August as fewer companies reported an increase in orders and production. Construction spending rose to a record in July, private and government reports showed.
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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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Orders for costly manufactured goods in July posted the biggest gain in four months. New-homes sales, meanwhile, slid, according to a pair of reports.
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Sales of new U.S. homes unexpectedly   rose in August but sales in July were weaker than first   thought, while new orders for durable goods fell, according to   government reports on Wednesday giving mixed indications about   the economy's direction.
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WASHINGTON - US factories saw a sign that the economy is emerging from its early-summer funk. The Commerce Department reported Wednesday that orders for durable goods â-ig-ticket items expected to last
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Manufacturing output has climbed by 0.2 percent in July compared with the previous month.
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WASHINGTON -- Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes the economy will not stumble into a recession this year.
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The nation&#39;s factories cranked out more products in July, miners dug more minerals and builders broke ground on more homes, the government said yesterday in three reports that showed some rebound in economic activity last month.
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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 for durable goods, a key gauge of consumer and business demand, fell in the US by 0.5 per cent last month, a greater decline than the market expected.
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U.S. consumers spent heartily in  July on goods ranging from cars to electronics as sales at  retail stores rose a greater-than-expected 1.4 percent, a  government report on Friday showed, suggesting the economy  still had spark.
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Friday&#39;s Commerce Department report says orders for most durable goods jumped 2.3 percent in the month. These figures exclude a decline in orders for civilian aircraft.
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Manufacturing output picked up for a third month in a row in July, according to official figures.