Factoring News « Durable Goods Take Surprise 1% drop




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Durable Goods Take Surprise 1% drop

July 29, 2010

Durable Goods Take Surprise 1% drop

Filed under: Credit, Economy and Business Finance News — Keith Mabe @ 1:14 pm

The Commerce Department announced that orders for durable goods are down by 1.0% in June, the second straight monthly decline and the biggest drop in 10 months. Economists had been looking for a 1% gain. Junes’ decline in orders are consistent with other economic indicators signaling a slowdown in manufacturing in recent months. While the decline was mainly in transportation, there were also declines in electronics, metals, and machinery. Computers were the one increase.

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2 Comments

  1. That’s the best aneswr of all time! JMHO

    Comment by Ziarre — April 29, 2011 @ 12:31 pm

  2. THX that’s a great anwesr!

    Comment by Jesslyn — May 2, 2011 @ 3:42 pm

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Factoring « Durable Goods Take Surprise 1% drop