New orders for U.S. manufactured durable goods rebounded in the month of March, according to a report released by the Commerce Department on Tuesday.The report showed durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.7 percent in February.Economists had expected durable goods orders to jump by 1.0 percent compared to the 2.2 percent slump originally reported for th...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.