U.S. Economic News

October 27, 2020

U.S. Economic Indicators

New orders of manufactured durable goods rose 1.9% in September after increasing 0.4% (revised) in August. Excluding transportation, new orders rose 0.8% last month after rising 1.0% the month before. Census Bureau Report

The Conference Board’s Consumer Confidence Index decreased from 101.3 (revised) in September to 100.9 in October. The decline was driven by deteriorating near-term expectations for jobs, income, and business conditions. Conference Board Report