Durable Goods Orders Highlight Rebound
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New orders for long-lasting  U.S.-made goods rose 0.6 percent last month even as demand for  aircraft plunged, according to an unexpectedly strong report  that underscored a rebound in the factory sector.
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New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September.
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Orders for durable goods including computers and communications equipment rose last month by the most since March, evidence that US manufacturing is gaining momentum less than two months before the presidential election.
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US News, NEW YORK - US stocks climbed on Thursday, after durable goods data pointed to a healthy pace of activity in the factory sector and another report showed an improvement in consumer sentiment for December, but the session was expected to be quiet
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WASHINGTON -- Factories saw orders for big-ticket goods jump 5.9 percent in July, the most in 10 months, an encouraging sign that many manufacturers are holding up to the stresses caused by a housing slump and a credit crunch.
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Factories saw orders for big-ticket goods jump 5.9 percent in July, the most in 10 months, an encouraging sign that many manufacturers are holding up to the stresses caused by a housing slump and a credit crunch.
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The company's shares have recovered from legal settlement sticker shock.
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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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The hard-drive business rebounded in last year's third quarter  on both consumer and enterprise demand.
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Orders for US durable goods fell unexpectedly in August but beat forecasts once transportation equipment was stripped out, government data showed on Friday in evidence the economy is again pumping strongly.
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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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U.S. stocks rose modestly on Friday  after data showed durable goods orders for August, excluding  transportation orders, beat analysts' estimates, but oil prices  worried investors.
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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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Orders to U.S. factories for manufactured goods rebounded in May following a big decline in the previous month as strengthened demand for petroleum and chemicals offset weakness in commercial aircraft and autos.
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Finance ministers say the global economy is now recovering after the recent turmoil in worldwide markets.
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NEW YORK - Stocks moved modestly higher Friday as a dip in oil prices and a satisfactory report on durable goods orders cheered investors at the end of a losing week.    In midafternoon trading, the Dow Jones industrial average was up 39.75, or 0.4 percent, at 10,078.65...
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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.