Economy
Durable goods orders see uptick in January
Written by Stephanie Ritenbaugh
February 27, 2025
New orders for manufactured durable goods rose in January after two consecutive months of declines.
New orders gained 3.1% over December to reach $286.0 billion, according to the US Census Bureau.
The increase in January followed a 1.8% drop in December.
Orders for transportation equipment, also up following two consecutive monthly declines, led the uptick, adding 9.8% to reach $96.5 billion, according to Census data.
Excluding transportation, new orders were virtually unchanged. Excluding defense, new orders increased 3.5%, the Census Bureau said.
Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Economy
Fewer manufacturers optimistic about the economy
PMA’s April report shows that only 16% of surveyed manufacturers anticipate an increase in economic activity in the next three months (down from 23% in March)
Architecture billings continue to slide in March
Architecture firms said billings continued to decline in March, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.
Beige Book shows concerns about trade policy
Manufacturing was mixed, but two-thirds of districts said activity was little changed or had declined.
New York state manufacturing index drops again in April
Firms were pessimistic, with the future general business conditions index falling to its second lowest reading in the more than 20-year history of the survey
Construction adds 13,000 jobs in March
The construction sector added 13,000 jobs, seasonally adjusted, in March, but tariffs could undermine the industry.