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Durable Goods: Orders Up 1.8%, Shipments Down 0.5%, Inventories Up 0.8%

Blogger RJS,@ Market Watch 666, “August Durable Goods: New Orders Up 1.8%, Shipments Down 0.5%, Inventories Up 0.8%“ The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for August (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods increased by $4.6 billion or 1.8 percent […]

Durable goods orders: more evidence of near-term weakness in the US economy

They keep calling it a ‘soft patch’ in my business; but when’s the data going to show otherwise? This soft patch is persistent, and durable goods orders confirm it into Q2 2011. Note: The ‘all manufacturing’ orders Y/Y growth rate are available through March only in Datastream for the chart above; the nondefense capital goods […]