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US stock indexes slip as consumer goods makers fall

NEW YORK (AP) — U.S. stock indexes are mostly lower Tuesday morning. Consumer goods companies are falling despite a report that showed spending by consumers jumped last month by the largest amount in six years. Major U.S. indexes are wrapping up a strong month that has brought them near their highest levels of 2016. KEEPING SCORE: The Dow Jones industrial ...

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US factory orders contracted in February

FILE - This Jan. 7, 2015, file photo, shows factory chimneys near O'Hare International Airport in Chicago. On Monday, April 4, 2016, the Commerce Department reports on U.S. factory orders for February. (AP Photo/Nam Y. Huh, File)

WASHINGTON (AP) — Orders to U.S. factories fell in February for the third time in the past four months. Meanwhile, a key category that tracks business investment plans dropped by the largest amount in two months. Factory orders fell 1.7 percent in February after a 1.2 percent rise in January, the Commerce Department reported Monday. There was weakness in a ...

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US trade deficit rises in February to 6-month high

US trade deficit rises in February to 6-month high

WASHINGTON (AP) — The U.S. trade deficit rose in February to the highest level in six months as the growth in imports outpaced a modest rise in exports. The trade gap widened to $47.1 billion, up 2.6 percent from a January imbalance of $45.9 billion, the Commerce Department reported Tuesday. Boosted by stronger sales of U.S.-made autos, exports increased 1 ...

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Low gas prices drag down US retail sales in February

WASHINGTON (AP) — U.S. retail sales slipped last month, pulled down by sharply lower gas prices, and Americans spent much less in January than previously estimated. The figures suggest that consumers remain cautious about spending despite steady hiring. Retail sales fell 0.1 percent in February, the Commerce Department said Tuesday. Excluding the volatile gas and auto categories, sales rose 0.3 ...

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US factory orders up 1.6 percent, best in 7 months

In this Monday, Dec. 7, 2015, photo, taken with a fisheye lens, the distinctive winglet on the second Boeing 737 MAX airplane being built is shown on the assembly line in Renton, Wash. On Thursday, March 3, 2016, the Commerce Department reports on U.S. factory orders for January. (AP Photo/Ted S. Warren)

WASHINGTON (AP) — Orders to U.S. factories increased in January by the most in seven months, while a key category that tracks business investment plans rose by the largest amount in 19 months. Factory orders rose 1.6 percent in January after two months of declines, the Commerce Department reported Thursday. It was the biggest jump since June, though it was ...

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US durable goods orders jumped in January

us durable goods sales

WASHINGTON (AP) — Orders to U.S. companies for long-lasting manufactured goods advanced in January at the strongest pace in 10 months. Moreover, a key category that tracks business investment surged by the largest amount in 19 months. The bigger-than-expected gains could be a sign of better days ahead for the nation’s beleaguered manufacturers. Orders for durable goods, items ranging from ...

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US retail sales dipped in Dec.; low gas prices a key factor

US retail sales dipped in Dec.; low gas prices a key factor

WASHINGTON — Americans tapered off from shopping toward the end of the holiday season, while lower gasoline prices cut into overall retail sales in December. The Commerce Department said Friday that retail sales dipped a seasonally adjusted 0.1 percent last month to $448.1 billion after having climbed a solid 0.4 percent in November. The report shows consumer tastes shifting toward ...

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US factory orders, inventories fall in November

U.S. factory orders, inventories fall in November

WASHINGTON – New orders for U.S. factory goods fell in November and inventories declined for a fifth straight month, the latest indication that economic growth braked sharply in the fourth quarter. The Commerce Department said on Wednesday new orders for manufactured goods slipped 0.2 percent after a downwardly revised 1.3 percent gain in October. The decline was in line with ...

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