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Orders for big-ticket manufactured goods fell for the first time in five months in February amid a slump in business for civilian aircraft manufacturers.
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Orders for big-ticket manufactured goods fell for the first time in five months in February amid a slump in business for civilian aircraft manufacturers.
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Rising costs for gasoline caused US retail sales to grow in February, according to government data released Wednesday.
The growth rate exceeded economists’ expectations of a 15.7 percent gain from a year earlier.
US manufactured goods orders increased far more than expected in January, driven by a big increase in aircraft sales.
Americans saw their incomes climb slightly in the first month of 2022, but the gain was overtaken by rising prices.
US consumer confidence fell for the second straight month in February, a survey said, as Americans' feelings about the economy's health cooled.