Durable Goods Spending Continues To Increase
03/24/2010
A New York Times article quotes an economist stating the manufacturing industry is "enjoying a healthy recovery."
It's the third consecutive month for growth in durable goods orders. January's numbers were 8 percent higher than February, 2009.
According to a Bloomberg report in Business Week, a wide range of manufacturers are reaping revenue rewards from increased expenditures on equipment. The article quotes a chief economist as stating the industry "is in the lead of pulling the economy along."
The article stated factories boosted durable goods inventories by 0.3 percent, the biggest increase since December 2008.
Project Announcements
UAE-Based Emirates Global Aluminium Plans Tulsa, Oklahoma, Production Operations
05/19/2025
Prolec-GE Waukesha Expands Goldsboro, North Carolina, Manufacturing Operations
05/19/2025
South Korea-Based Hyosung HICO Expands Memphis, Tennessee, Transformer Manufacturing Operations
05/16/2025
Amazon Plans Goochland County, Virginia, Fulfillment Operations
05/16/2025
Reworld Plans Park Hills, Missouri, Material Processing Operations
05/16/2025
Sumitomo Drive Technologies Upgrades Chesapeake, Virginia, Warehouse-Distribution Operations
05/16/2025
Most Read
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and
Q2 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025