Tag Archives: Commerce

American Capitalism & The Illusion of Laissez Faire

To draw from an opening phrase, in the beginning, there was capitalism. More accurately, at the beginning of our Constitutional Republic, government was committed to limiting – drastically – it’s footprint in the new American marketplace. Americans were free from the tyranny of government interference leveled at the former colonists at the hand of King… Read More »

July Durable Goods Orders Come in Better Than Expected

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… Read More »

John Bryson, Commerce Secretary, Appointed For Jobs or Climate Change?

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… Read More »

U.S. Durable Goods Order Drop Much More Than Expected

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,… Read More »