New orders for manufactured durable goods in July increased $7.7 billion or 4.0 percent to $201.5 billion, the U.S. Census Bureau announced today. The report showed a return from weakness mainly in automobiles and aircraft manufacturing. And some renewed weakness in the defense sector. Excluding transportation, new orders increased just 0.7 percent. Cars and auto [...]
If confirmed, Commerce Secretary John Bryson will be tasked to double U.S. exports over five years. He is a long time dedicated green environmentalist. With all that, maybe we ought to wonder what Bryson will be exporting over the next five years. Last year, John Bryson served on the United Nations advisory group on Energy [...]
The commerce department released its advance report of April durable goods orders. Due to a slump in auto and aircraft manufacturing, durable goods orders dropped 3.6%, a much larger decrease than the 2.2% expected by analysts. New Orders New orders for manufactured durable goods in April decreased $7.1 billion or 3.6 percent to $189.9 billion, [...]
Call it the eBay or Amazon tax – or perhaps the Barnes and Nobles, Apple Store or New York Times Online tax – call it whatever you like, but it is a tax. A tax proposed by Illinois’ own Senator Duck Durbin (D) that will be levied on all online purchases. The Main Street Fairness [...]
