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Getbig Main Boards => Politics and Political Issues Board => Topic started by: GigantorX on August 25, 2010, 07:01:32 AM

Title: Durable Goods Orders.........
Post by: GigantorX on August 25, 2010, 07:01:32 AM

Missed completely and totally.

http://www.zerohedge.com/article/durable-goods-broadly-miss-expectations-push-10-year-244-lowest-january-2009 (http://www.zerohedge.com/article/durable-goods-broadly-miss-expectations-push-10-year-244-lowest-january-2009)

Not good. Orders "increased" by .3% which missed "expectations" of +2.8%.
Non-Defense Capital good excluding aircraft came in at an "unexpected" -8.0%.   Ouch.

Good thing that Stimulus was passed! Summer of Recovery!

Really, the Stimulus Bill was the answer to the question the economy didn't ask.

Title: Re: Durable Goods Orders.........
Post by: Soul Crusher on August 25, 2010, 07:02:33 AM

Quote from: GigantorX on August 25, 2010, 07:01:32 AM

Missed completely and totally.

http://www.zerohedge.com/article/durable-goods-broadly-miss-expectations-push-10-year-244-lowest-january-2009 (http://www.zerohedge.com/article/durable-goods-broadly-miss-expectations-push-10-year-244-lowest-january-2009)

Not good. Orders "increased" by .3% which missed "expectations" of +2.8%.
Non-Defense Capital good excluding aircraft came in at an "unexpected" -8.0%.   Ouch.

Good thing that Stimulus was passed! Summer of Recovery!

Really, the Stimulus Bill was the answer to the question the economy didn't ask.

Thanks, I'm adding this to my thread.