New orders for U.S. manufactured goods rose in line with estimates in the month of December, according to a report released by the Commerce Department on Friday.The report said factory orders crept up by 0.2 percent in December after surging by 2.6 percent in November. The uptick in orders matched economist estimates.The modest increase in factory orders came as orders for non-durable goods rose b...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.