inventories and orders

FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)
October 27, 2020 - 6:41 am

September Factory Orders Up 1.9%, Economists See Risks Ahead

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.4% increase in August and was the best gain since...
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Pedestrians pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks are pulling lower Friday, as Wall Street's first reaction to President Donald Trump's testing positive for the coronavirus was to retrench. (AP Photo/John Minchillo)
October 02, 2020 - 1:34 pm

Stocks End Bumpy Day Lower After Trump's Positive Virus Test

NEW YORK (AP) — Wall Street’s major stock indexes fell on Friday after President Donald Trump tested positive for the coronavirus, but the losses ended up milder than investors braced for early in the morning. The S&P 500 slumped 1.7% as soon as trading began, only to churn through another...
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FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)
September 25, 2020 - 5:49 am

Orders For Big-Ticket Us Manufactured Goods Up Weak 0.4%

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month. The Commerce Department reported Friday that the August advance marked the fourth consecutive increase but was far lower than the 11.7%...
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FILE - In this Jan. 27, 2020 file photo a worker pushes a cart past refrigerators at a Home Depot store location in Boston. On Thursday, June 25, orders to American factories for big-ticket goods rebounded last month from a disastrous May as the U.S. economy began to slowly reopen. (AP Photo/Steven Senne)
August 26, 2020 - 6:11 am

Orders For Big-Ticket Us Manufactured Goods Jumped 11.2%

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain. The Commerce Department reported Wednesday that the July advance followed a 7.7% increase in June. The July increase was led by a strong advance in the volatile...
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Cars and trucks drive on the main highway around Frankfurt, Germany, Tuesday, Aug. 4, 2020. In background the buildings of the banking district. (AP Photo/Michael Probst)
August 06, 2020 - 12:32 am

Surge In German Factory Orders Bolsters Hope For Recovery

BERLIN (AP) — German factory orders surged in June, according to figures released Thursday, giving hope that Europe's largest economy is on track for a recovery from declines suffered from the coronavirus pandemic lockdown earlier in the year. Industrial orders rose by 27.9% in June over the...
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FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)
July 27, 2020 - 5:52 am

Orders For Big-Ticket Manufactured Goods Jump 7.3% In June

WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic. The Commerce Department said Monday that the June gain in durable goods orders, which was...
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FILE - In this Dec. 11, 2019, file photo, a Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Key senators say the Federal Aviation Administration is stonewalling their attempt to get documents that might explain how the agency approved the Boeing 737 Max, which remains grounded more than a year after two deadly crashes. Senate Commerce Committee Chairman Roger Wicker, a Republican from Mississippi, said Wednesday, June 17, 2020 that the FAA has failed to respond to more than half of his committee’s requests for documents. (AP Photo/Ted S. Warren, File)
June 30, 2020 - 1:50 am

Norwegian Air Cancels Order For 97 Boeing Aircraft

COPENHAGEN, Denmark (AP) — Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S. manufacturer Boeing. Norwegian said in a statement it had terminated the purchase agreements of five 787 Dreamliners and 92 737 MAX aircraft. The Oslo-based...
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Shoppers, left, head to the entrance as a sign on the outside wall invites customers to shop inside a Best Buy store Wednesday, June 24, 2020 in Richfield, Minn. as restrictions due to the coronavirus have eased in Minnesota. (AP Photo/Jim Mone)
June 26, 2020 - 7:55 am

Us Consumer Spending Up 8.2%, Partly Erasing Record Plunge

WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter. Last month's rebound in consumer spending followed...
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FILE - In this Monday, April 27, 2020. file photo, an employee walks past vehicles in production with a face mask in the VW plant in Wolfsburg, Germany. Volkswagen is gradually launch the production at important plants after the corona lockdown. (Swen Pfoertner/dpa via AP)
June 09, 2020 - 12:38 am

German Exports Down Nearly A Quarter In April As Virus Hits

BERLIN (AP) — German exports plunged by nearly a quarter in April compared with the previous month as coronavirus shutdowns dragged down demand, official data showed Tuesday. The figures from the Federal Statistical Office followed data showing big drops in factory orders and industrial production...
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Women under umbrellas walk past the Old Opera in Frankfurt, Germany, during heavy rain fall on Thursday, June 4, 2020. (AP Photo/Michael Probst)
June 05, 2020 - 1:46 am

German Factory Orders Plunge, Portending Lean Times Ahead

BERLIN (AP) — Factory orders in Germany plunged even more than anticipated in April, underlining the effect the coronavirus pandemic has had on Europe's largest economy. The Economy Ministry said Friday that industrial orders dropped 25.8% in April over the previous month, in figures adjusted for...
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