U.S. Durable Goods Orders Surge Well Above Expectations in February

[DonGlock26]

"U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday.

Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket items, particularly automobiles, computers, and machinery.

Even excluding transportation, which can be volatile due to large aircraft orders, new orders increased by 0.7 percent, exceeding the forecast of a 0.3 percent gain. The strength of the overall durable goods orders report is further demonstrated by robust gains in key categories.

Auto orders were notably strong, with orders for motor vehicles and parts rising 4.0 percent. Shipments of motor vehicles and parts also surged by 3.9 percent, indicating strong demand from consumers and businesses alike."

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report | Economy

www.breitbart.com

As the effects of Bidenomics wears off, the economy will improve. The prices of eggs and gasoline are already down.

 

[Blaster]

Winning!

 

[ColonelAngus]

Hell yes!

Great news for those who actually like the USA!

 

[1srelluc]

More sources saying the same....I don't care for Breitbart.

MSN

www.msn.com

Loading…

www.nasdaq.com

LOL....Check out the header wording from Reuters.

Front-loading ahead of tariffs boosts US durable goods orders​

Sure, there is front-loading going on but it's healthy.....No more free rides for countries that have been fucking us over.

Overseas companies are now making huge multi-billion investments in America.....That's all Trump.

 

[my2¢]

Winning!

I guess it's a matter how you look at it. OP gives Breitbart's version, MarketWatch present this:

The numbers: Orders for long-lasting durable goods rose almost 1% in February as U.S. manufacturers rushed to procure supplies ahead of the Trump administration’s tariffs on foreign steel and aluminum.

Orders for primary metals and appliances surged for the second month in a row, the government’s report on durable goods showed. These are big-ticket products meant to last at least three years

Manufacturers were hoping for a recovery this year after a prolonged slump, but White House trade fights have raised the specter of rising costs.

Companies have responded by speeding up orders before the tariffs took effect in March — causing metal producers to raise prices. Domestic producers tend to increase prices when tariffs raise the costs of foreign-produced metals.

Economists polled by The Wall Street Journal had forecast a 1.0% decline in durable-goods orders in February.

 

[Dragonlady]

"U.S. Durable Goods Orders Surge Well Above Expectations in February

View attachment 1093863

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday.

Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket items, particularly automobiles, computers, and machinery.

Even excluding transportation, which can be volatile due to large aircraft orders, new orders increased by 0.7 percent, exceeding the forecast of a 0.3 percent gain. The strength of the overall durable goods orders report is further demonstrated by robust gains in key categories.

Auto orders were notably strong, with orders for motor vehicles and parts rising 4.0 percent. Shipments of motor vehicles and parts also surged by 3.9 percent, indicating strong demand from consumers and businesses alike."

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report | Economy

www.breitbart.com

As the effects of Bidenomics wears off, the economy will improve. The prices of eggs and gasoline are already down.

That's because companies are stocking up ahead of the tariffs.

 

[shockedcanadian]

"U.S. Durable Goods Orders Surge Well Above Expectations in February

View attachment 1093863

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday.

Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket items, particularly automobiles, computers, and machinery.

Even excluding transportation, which can be volatile due to large aircraft orders, new orders increased by 0.7 percent, exceeding the forecast of a 0.3 percent gain. The strength of the overall durable goods orders report is further demonstrated by robust gains in key categories.

Auto orders were notably strong, with orders for motor vehicles and parts rising 4.0 percent. Shipments of motor vehicles and parts also surged by 3.9 percent, indicating strong demand from consumers and businesses alike."

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report | Economy

www.breitbart.com

As the effects of Bidenomics wears off, the economy will improve. The prices of eggs and gasoline are already down.

 

[DonGlock26]

More sources saying the same....I don't care for Breitbart.

MSN

www.msn.com

Loading…

www.nasdaq.com

LOL....Check out the header wording from Reuters.

Front-loading ahead of tariffs boosts US durable goods orders​

Sure, there is front-loading going on but it's healthy.....No more free rides for countries that have been fucking us over.

Overseas companies are now making huge multi-billion investments in America.....That's all Trump.

You prefer the mainstream media?

 

[Concerned American]

Sure, there is front-loading going on but it's healthy

That's what orders are---Reuters and AP are hitting new lows.

 

[Dragonlady]

You prefer the mainstream media?

We prefer media that isn't billionaire owned AND can pass a fact check. Breitbart can't pass either test.

This is especially true when the owners don't have a history of working with Putin and the Russians, like the Mercer Family does.

 

[John Edgar Slow Horses]

The OP is a sliver of good news.

25% auto tariffs will raise inflation about 4%.

Trump knows this, so he will change his mind again next Monday.

 

[excalibur]

We prefer media that isn't billionaire owned AND can pass a fact check. Breitbart can't pass either test.

This is especially true when the owners don't have a history of working with Putin and the Russians, like the Mercer Family does.

LOL

The owners of the NY Times are billionaires, as is the owner of the WaPo. Etc., etc., etc.

 

[excalibur]

I spite of this, Biden's stagflation still lurks.

 

[struth]

We prefer media that isn't billionaire owned AND can pass a fact check. Breitbart can't pass either test.

This is especially true when the owners don't have a history of working with Putin and the Russians, like the Mercer Family does.

Trump has America winning!! Once again, you are a loser

 

[struth]

The OP is a sliver of good news.

25% auto tariffs will raise inflation about 4%.

Trump knows this, so he will change his mind again next Monday.

Tariffs don’t raise inflation

Once again a dembot is clueless to what inflation is

 

[DonGlock26]

We prefer media that isn't billionaire owned

Where?

 

[ColonelAngus]

More money chasing fewer products causes inflation.

Stopping the economy and printing money like Biden did during COVID is what causes inflation.

 

[hadit]

That's because companies are stocking up ahead of the tariffs.

Trying to find a lump of coal, are you?

 

[Luckyone]

"U.S. Durable Goods Orders Surge Well Above Expectations in February

View attachment 1093863

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday.

Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket items, particularly automobiles, computers, and machinery.

Even excluding transportation, which can be volatile due to large aircraft orders, new orders increased by 0.7 percent, exceeding the forecast of a 0.3 percent gain. The strength of the overall durable goods orders report is further demonstratednnfo by robust gains in key categories.

Auto orders were notably strong, with orders for motor vehicles and parts rising 4.0 percent. Shipments of motor vehicles and parts also surged by 3.9 percent, indicating strong demand from consumers and businesses alike."

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report | Economy

www.breitbart.com

As the effects of Bidenomics wears off, the economy will improve. The prices of eggs and gasoline are already down.

You did not put all the information into your OP and did not explain things well either

Here is the information you left out

New orders for manufactured durable goods increased $2.7 billion or 0.9% in February to $289.3 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 3.3% January increase. Excluding transportation, new orders increased 0.7%. Excluding defense, new orders increased 0.8%.

This report beat the LOW EXPECTATIONS, which were low because of Trump's actions. Beating the low expectations means nothing, given that this report was 2.4% lower than January's number, which was BIDEN's number.

 

[John Edgar Slow Horses]

I spite of this, Biden's stagflation still lurks.

No, the stagflation is all Trump's fault. He better get to work.

His shell game with tariffs will only aid it.