News Analysis The Chinese Communist Party (CCP) recently claimed that China’s economic growth is stable, citing a double-digit spike in exports to the Association of Southeast Asian Nations (ASEAN) in March. Some financial institutions revealed that official data could not conclude that China’s exports are rebounding as various factors need to be considered. On April…
Official Chinese Data Depict Soaring Exports to South Asia; Economic Institutions Uncover True Status
Boeing Airliner Orders Hit 4-Year High, Led by 737 Max Jets
Boeing said Tuesday it took more than 200 net orders for passenger airplanes in December and finished 2022 with its best year since 2018, which was before two deadly crashes involving its 737 Max jet and a pandemic that choked off demand for new planes. The biggest boost came from United Airlines, which placed large…
German Industrial Orders Fall More Than Expected in November
BERLIN—German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand, decreasing by 5.3 percent on the month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. A Reuters poll of analysts had pointed to a 0.5 percent fall, after a downwardly revised…
Business Equipment Orders Rebound, Suggesting Investment Plans Holding Up Despite Economic Uncertainty
November 23, 2022
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U.S. business equipment orders rebounded in October, suggesting that investment plans are holding up despite economic uncertainty. Capital spending plans by American manufacturers have stood firm despite higher interest rates and a cool down in demand, as resilient domestic consumer spending continues to sustain production. The manufacturing sector, which currently accounts for 11.3 percent of the…
U.S. Services Sector Picks Up as Supply and Price Pressures Ease
The U.S. services industry picked up in July as new manufacturing orders saw steady increases with 26 consecutive months of expansion, according to the Institute for Supply Management (ISM) survey released on Aug. 4. The survey comes after the Commerce Department reported that the U.S. economy contracted by 1.3 percent in the first half of 2022,…
US Services Sector Picks Up as Supply and Price Pressures Ease
The U.S. services industry picked up in July as new manufacturing orders saw steady increases with 26 consecutive months of expansion, according to the Institute for Supply Management (ISM) survey released on Aug. 4. The survey comes after the Commerce Department reported that the U.S. economy contracted by 1.3 percent in the first half of 2022,…
Japan’s Machinery Orders Fall for First Time in 5 Months
March 17, 2022
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Japan’s core machinery orders slipped for the first time in five months in January, a worrying sign for an economy already facing heightened pressure from the Ukraine war and high energy and raw material prices. The decline in core orders hurts hopes that a pickup in business spending will support private demand in the world’s…
Strong Domestic Demand Boosts German Industrial Orders in December
February 4, 2022
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BERLIN—German industrial orders grew more than expected in December, data showed on Friday, with a boost from stronger domestic demand a cause for optimism for the growth outlook of Europe’s largest economy. Orders for goods grew 2.8 percent on the month in seasonally adjusted terms after a revised increase of 3.6 percent in November, figures…
US Judge Denies Apple’s Request to Pause Antitrust Orders in ‘Fortnite’ Case
November 10, 2021
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A U.S. judge denied on Tuesday Apple Inc.’s request to pause a set of orders handed down after an antitrust lawsuit brought by ‘Fortnite’ creator Epic Games. Apple had sought to pause an order that would require it to permit buttons, links, and in-app messages about ways to pay for apps without using its own…
US Factory Orders Unexpectedly Rise in September
WASHINGTON—New orders for U.S.-made goods unexpectedly rose in September, though manufacturing remains constrained by input shortages. The Commerce Department said on Wednesday that factory orders increased 0.2 percent in September. Data for August was revised down to show orders rising 1.0 percent instead of 1.2 percent as previously reported. Economists polled by Reuters had forecast…
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