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Economic Indicators clear

Durable Goods Orders Slide on Transportation

New orders for durable goods orders plunged in March as commercial aircraft and vehicle orders slid because of the novel coronavirus (COVID-13), the U.S. Commerce Department said today.

Manufacturing Cuts 18,000 Jobs in March

Manufacturing lost 18,000 jobs last month, with non-durable goods industries taking the biggest hit as the novel coronavirus (COVID-19) slammed the economy.

ISM Forecasts Manufacturing to Expand in 2020

Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.