U.S. Economic News

April 26, 2021

U.S. Economic Indicators

New orders of manufactured durable goods rose 0.5% in March after falling 0.9% (revised) in February. Excluding transportation, new orders increased 1.6% after decreasing 0.3% the month before. Census Bureau Report

U.S. News

Bloomberg reports that a surge in global crop prices is adding to fears of food inflation, with wheat, corn, and soybean prices all experiencing multi-year highs. Adverse weather conditions across the Americas and Europe risk weighing on production at the same time that inventories are low and demand from China is strengthening. Bloomberg