By Free Republic | Created at 2024-09-26 17:12:39 | Updated at 2024-10-01 04:25:16
4 days ago
Factory Order Growth Grinds To A Halt, Business Demand Tepid Ahead of Election
Breitbart ^ | 09/26/2024 | John Carney
Posted on 09/26/2024 9:02:01 AM PDT by ChicagoConservative27
The growth of orders placed with American factories for durable goods stagnated in August, casting a shadow on claims by Vice President Kamala Harris that the Biden-Harris administration’s policies have bolstered U.S. industrial strength.
The value of durable goods orders did not rise at all in August, the Commerce Department said Thursday.
This was, however, better than expected. Economists had forecast orders would decline by 2.7 percent. In July, orders jumped 9.9 percent, a slight upward revision from the earlier estimate of 9.8 percent.
Core capital goods orders, a measure which excludes volatile sectors like transportation and defense and is considered a proxy for business investment, rose by a tepid 0.2 percent last month after a 0.2 percent drop in July.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: election; factory; growth; tepid
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Kneepadonimcs will do that
To: ChicagoConservative27
Gun sales are getting a big kick in the butt with Karamella running and the “media mafioso” making false claims that she and her “wepubwican” WINOS are kicking Trump’s butt. Screw Sam Elliott. A Jamaican/Injun refugee’s “White Dude”.
2 posted on 09/26/2024 9:12:24 AM PDT by FlingWingFlyer (The Jamaican/Injun "immigration" plan. Dilute and pollute until America is a third world sewer..)
To: ChicagoConservative27
We’re going to build on next economic miracle on the back of McDonalds and their high paying jobs! We are saved!
3 posted on 09/26/2024 9:23:15 AM PDT by Lockbox (politicians, they all seemed like game show host to me.... Sting)
To: ChicagoConservative27
It’s a sad state of affairs when Zero growth is touted as a “Good Thing”.
4 posted on 09/26/2024 9:53:38 AM PDT by voicereason (When a bartender can join Congress and become a millionaire...there’s a problem.)
To: Lockbox
Great careers ahead. And if there is a shortage of real meat, that’s covered, too.
5 posted on 09/26/2024 9:54:38 AM PDT by TribalPrincess2U (Bye done!)
To: ChicagoConservative27
My orders for materials are way down. No money coming in so slowdown in production has to happen.
6 posted on 09/26/2024 10:04:40 AM PDT by frogjerk
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