Free Republic

The terrible economic news released today is so terrible Reuters didn't even attempt to spin it. The headline reads, "Durable Goods Report Delivers More Bad News for Economy," and the story gets right to the point: Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose modestly, adding to signs of a slowdown in factory activity. Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce Department said on Wednesday. That is twice the drop economists expected. Over at Hot Air, Ed...