The Census Bureau released a survey on Wednesday indicating that U.S. manufactured durable products increased in October amid a global economic slowdown.
Brotherhood of Locomotive Engineers and Trainmen National President Dennis Pierce discusses the imminent rail strike amid a large rail union’s decision to reject Biden’s labor deal.
Orders for overall durable goods also went up by 1%, or $2.8 billion, totaling $227.4 billion. Previously, orders increased by 0.3% in September, a noticeable change between the two correlating months. Despite high manufacturing costs, new orders for manufactured durable goods increased during the month of October.
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