Posted on 08/25/2010 5:55:16 AM PDT by WWRD
"New orders for long-lasting U.S. manufactured goods rose far less than expected in July and, excluding transportation equipment, posted their largest decline in 1-1/2 years, according to a government report on Wednesday that pointed to a slowdown in manufacturing."
"The Commerce Department said durable goods orders rose 0.3 percent after a revised 0.1 percent fall in June. Excluding transportation, orders dropped 3.8 percentthe biggest fall since January 2009after rising 0.2 percent in June."
"Analysts polled by Reuters had forecast orders increasing 2.8 percent last month from June's previously reported 1.2 percent fall."
(Excerpt) Read more at cnbc.com ...
Could you hold my head over the toilet? I've drunk too much.
Accounting? Are you kidding? Zer0 probably never took a course that had a number or a % sign (except for propaganda purposes) in it.
IBU (in before “unexpected”)
It’s because this crew couldn’t forecast the way to punch out of a paper bag. That’s why it’s unexpected.
Yesterday, Biden pimps the “Great” economy, and today more horrible economic news comes out.
HOW UNEXPECTEDLY UNEXPECTED.
Dems spent 6 years talking down the economy, before they took Congress and actually wrecked it.
Now, they can’t figure out how to talk it up again!
lolz......the use of “unexpected” is frakin hilarious.
So interchangable with “Bush’s fault”.....”could have been worse”.....”inherited”....etc. =.=
I suspect that if I keep hearing unexpected I may begin to expectorate every time I hear the word.
How about wages in your area, other than the increase in the minimum wage the average hourly rate is falling here. Prices cannot go up for long with wages falling.
Hey, American voters that voted for POTUS Barack Hussein Obama, how’s that “HOPE & CHANGE” working out for you!!!! See, dummies, elections have consquences and you elected an American Hater and Destroyer in POTUS Barack Hussein Obama!!! Anyway, a hearty welcome to the Obama caused depression!!!! Have fun, and please glory in your outstanding selection of this anti-American radical!!!
“We need better expecterers.”
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I expect to see a lot more expectoration soon.
DOW NOW UNDER 10,000 At 9,996.63
Totally predictable, undeniably obvious, a continuation of all previous indicators..
BUT
UNEXPECTED!!!
yes..and inconceivable!
I expectorate in the general direction of the current crop of expecterers. Never has there been such a job where one can be so wrong and still get paid calling themselves economists.
I can expectorate with the best of ‘em!
No, analysts polled by Reuters expected the increase to be about 8 1/2 times higher than it was. But they were only 2.5% off on the level of sales that they forecasted and they are not employed by Reuters.
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