8%), such as cosmetics, fell, while sales of durable goods
Washington, Rajab 28, 1435, May 27, 2014, SPA -- Orders to US factories for durable goods
rose unexpectedly in April, primarily due to a jump in defense orders, but a category that signals business investment plans fell by the biggest amount in three months, the government reported Tuesday, dimming hopes of a sharp rebound in economic growth in the second quarter.
purchases, which include residential investment as well as spending on vehicles, recreational goods, and household goods, are a particularly interest-sensitive component of consumer spending.
According to Derek Engelbrecht, Retail and Consumer Products Sector leader at Ernst & Young in South Africa, the survey results indicate that the growth in durable goods
and particularly semi-durable goods
remained lively, but non-durable goods
sales volumes disappointed.
During the past 12 months, production worker employment decreased by 252,000 positions, a drop of four percent, compared to a loss of 52,000 jobs, a reduction of two percent, for non-production employment in durable goods
It shows durable goods
excluding transportation orders (the dark blue line) as a smoothed version of total durable goods
Meanwhile, in-mold film decorating is making big strides in auto parts and other durable goods
as a cost-effective and environmentally benign alternative to painting, plating, printing, and hot stamping.
The new company MBA Polymers Austria--Kunststoffverarbeitung GmbH will process highly mixed plastics resulting from the legislated take-back and recycling of durable goods
, such as appliances and electrical equipment, which takes place on a large scale in Europe.
Unless the firm can credibly convince (commit to) consumers it will take their losses into account when setting a future price, a durable goods
monopolist may lose its market power and be forced to price at or near its marginal cost.
The most notable gains late in 2001 were in sales of durable goods
, and further advances are likely starting in midyear 2002.
During the same period in 2000, durable goods
imports stood at US$48.
The capitalization of those higher expected returns boosted equity prices, contributing to a substantial pickup in household spending on new homes, durable goods
, and other types of consumption generally, beyond even that implied by the enhanced rise in real incomes.