Posted on 09/26/2024 9:02:01 AM PDT by ChicagoConservative27
The growth of orders placed with American factories for durable goods stagnated in August, casting a shadow on claims by Vice President Kamala Harris that the Biden-Harris administration’s policies have bolstered U.S. industrial strength.
The value of durable goods orders did not rise at all in August, the Commerce Department said Thursday.
This was, however, better than expected. Economists had forecast orders would decline by 2.7 percent. In July, orders jumped 9.9 percent, a slight upward revision from the earlier estimate of 9.8 percent.
Core capital goods orders, a measure which excludes volatile sectors like transportation and defense and is considered a proxy for business investment, rose by a tepid 0.2 percent last month after a 0.2 percent drop in July.
(Excerpt) Read more at breitbart.com ...
Gun sales are getting a big kick in the butt with Karamella running and the “media mafioso” making false claims that she and her “wepubwican” WINOS are kicking Trump’s butt. Screw Sam Elliott. A Jamaican/Injun refugee’s “White Dude”.
We’re going to build on next economic miracle on the back of McDonalds and their high paying jobs! We are saved!
It’s a sad state of affairs when Zero growth is touted as a “Good Thing”.
Great careers ahead. And if there is a shortage of real meat, that’s covered, too.
My orders for materials are way down. No money coming in so slowdown in production has to happen.
Hey, get with the program. We are all just “misremembering” the damage done to the economy of this country by Biden-Harris.
Weirdly, I heard on the news the GDP had grown by 3% in 2nd Quarter...
This is a leading indicator for the economy. Nobody looks at that. They spend all their navel-gazing time reflecting on how to spin things positive that already happened and taking credit for the same.
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