Seeking Alpha

Durable goods sinks 7.3%

  • July Durable Goods: -7.3%  to vs. -4.0% expected, +4.2% prior.
  • Ex-transport -0.6% vs. +0.3% expected, +0.1% prior (revised).
Comments (5)
  • Wow. y/y NSA was flat. y/y SA also nearly flat.

     

    http://1.usa.gov/GYbi0M
    26 Aug 2013, 08:41 AM Reply Like
  • We're in recession. First went housing and consumer discretionary. Now goes capex. Buy safety.
    26 Aug 2013, 09:06 AM Reply Like
  • And yet the market continues marching on...is this the usual market-wide irrational period before the correction?
    26 Aug 2013, 09:56 AM Reply Like
  • Just(somewhat bizarrely)same old bad news is good news(via QE)!!!
    26 Aug 2013, 02:32 PM Reply Like
  • Who cares, this is not news.

     

    (Sarcasm)
    26 Aug 2013, 04:01 PM Reply Like
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