Economy
Durable goods orders rise again in February
Written by Stephanie Ritenbaugh
March 26, 2025
For the second month in a row, new orders for manufactured durable goods rose in February.
New orders gained $2.7 billion, or 0.9%, to reach $289.3 billion, the US Census Bureau found in its latest monthly report.
This followed a 3.3% boost in January.
Transportation equipment led the increase, rising 1.5% to $98.3 billion.
Excluding transportation, new orders increased by 0.7%. Excluding defense, new orders increased by 0.8%, according to the Census data.
Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Economy
Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.
Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.
US housing starts gain momentum in July
US housing starts rose in July both month-on-month and year-on-year, according to figures from the US Census Bureau.
Manufacturing in New York state improves again in August
Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.
President Trump intends to set additional steel tariffs
While boarding Airforce One on Friday, US President Donald Trump stated that he would be setting more steel tariffs and putting ~100% tariffs on semiconductors and chips.