New orders for core capital goods inch up in February
New orders for core capital goods increased slightly for the second straight month as companies continued to navigate rising interest rates. The seasonally adjusted value of core capital goods orders, which excludes aircraft and defense equipment, landed at $75.2 billion, an
Homebuilder confidence rebounds after record declines
The new-home housing market is showing signs this month of a rebound, reversing a record 12 consecutive months of declines spurred by mounting mortgage rates, increasing construction costs and record inflation. January’s seasonally adjusted market index — which measures perceptions of
