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Durable-goods orders drop in September
Marketwatch ^ | 10.26.11 | Jeffry

Posted on 10/26/2011 7:11:14 AM PDT by Free Vulcan

Bookings for U.S.-made products designed to last at least three years fell by 0.8% last month, the Commerce Department said. Economists surveyed by MarketWatch had expected a 1.0% decrease.

Transportation orders slumped 7.5% to account for virtually the entire decline...

...Excluding transportation, however, orders climbed 1.7% in September. Demand increased for computers, primary metals, fabricated metals, heavy machinery and electrical equipment.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: aircraft; autos; durablegoods; orders

1 posted on 10/26/2011 7:11:24 AM PDT by Free Vulcan
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To: Free Vulcan

Ex-transp. orders were really strong


2 posted on 10/26/2011 7:59:12 AM PDT by babble-on
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To: babble-on
Ex-transp. orders were really strong

Yes, they were, but looking at these numbers monthly is like comparing today's snowfall to yesterday's and drawing conclusions about climate change.

3 posted on 10/26/2011 8:04:35 AM PDT by BfloGuy (Even the opponents of Socialism are dominated by socialist ideas.)
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