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Author Topic: Durable Goods Orders.........  (Read 172 times)
GigantorX
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« 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

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.
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Soul Crusher
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« Reply #1 on: August 25, 2010, 07:02:33 AM »

Missed completely and totally.

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. 
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