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Durable Goods Orders Rose Far Less Than Expected
CNBC ^ | 8/25/2010 | Reuters

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 percent—the biggest fall since January 2009—after 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 ...


TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: 0pression; durablegoods; economy; ibu; theresthatwordagain; unexpected; unexpectedly
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To: WWRD
Based on recent empirical data, we now expect any released economic results to be "unexpected."

But in order for "unexpected-ness" to prevail, the results must therefore be expected.

An unexpected paradox?

61 posted on 08/25/2010 11:55:26 AM PDT by FroggyTheGremlim (Do yew have a lisance fir the minkey?)
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To: WWRD

Lets face it, Obama’s sense of justice is if you neighbor has a house that is twice as big as yours he’ll happily burn half the house down to make it “fair”.

As he said, spreading the wealth around isn’t to increase wealth, it is to make things fair even if it makes us all poorer.


62 posted on 08/25/2010 3:13:36 PM PDT by DB
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To: caver

“As Predicted” from the intelligent side of the argument(maureen dowd being on the other side).


63 posted on 08/25/2010 3:22:14 PM PDT by Eddie01 (All we every really knew was it was crazy to be doin' it any other way)
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To: caver

“As Predicted” from the intelligent side of the argument(maureen dowd being on the other side).


64 posted on 08/25/2010 3:22:16 PM PDT by Eddie01 (All we every really knew was it was crazy to be doin' it any other way)
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To: caver

“As Predicted” from the intelligent side of the argument(maureen dowd being on the other side).


65 posted on 08/25/2010 3:22:24 PM PDT by Eddie01 (All we every really knew was it was crazy to be doin' it any other way)
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To: Eddie01

Sorry, on a blackberry in don cherry’s place in toronto.


66 posted on 08/25/2010 3:26:17 PM PDT by Eddie01 (All we every really knew was it was crazy to be doin' it any other way)
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To: WWRD
the only durable goods i by anymore are guns, and i've got all the guns i can afford right now... but Christmas is coming!!!
67 posted on 08/25/2010 3:32:20 PM PDT by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
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To: DustyMoment

68 posted on 08/25/2010 3:32:28 PM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
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To: bcsco

‘Perhaps with all the hoopla and criticism of the overuse of “unexpected”, “Less than Expected” is the new mantra.../s’

Maybe they are reading FR and seeing the hoopla and criticism.


69 posted on 08/25/2010 3:40:56 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: WWRD

But is it unprecedented?


70 posted on 08/25/2010 5:50:31 PM PDT by skr (May God confound the enemy)
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To: skr

durable goods orders were unsustainable


71 posted on 08/26/2010 12:30:45 AM PDT by KTM rider ( ..........tell me this really isn't happening ! !)
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To: ding_dong_daddy_from_dumas

One of my favorite flicks. The gags were just too funny!


72 posted on 08/26/2010 5:55:15 AM PDT by DustyMoment
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To: Freee-dame
Accounting? Are you kidding? Zer0 probably never took a course that had a number or a % sign (except for propaganda purposes) in it.

He still thinks a million men showed up for the march.

73 posted on 08/26/2010 8:24:21 AM PDT by ponygirl
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To: skr
But is it unprecedented?

I'm not sure, but it certainly is surprisingly unanticipated.

I recommend all JournOlists go and buy a thing called a "Thesaurus." And no, it's not a book about dinosaurs.

74 posted on 08/26/2010 8:33:28 AM PDT by ponygirl
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To: ponygirl

LOL! It’s a good thing you mentioned that it’s a book—JournOlists might never have figured out where to find one!


75 posted on 08/26/2010 11:24:45 AM PDT by skr (May God confound the enemy)
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