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Politics : Formerly About Advanced Micro Devices
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To: PROLIFE who wrote (646884)3/10/2012 2:41:35 PM
From: tejek  Read Replies (1) of 1580127
 
You better stop worrying about Limbaugh and start worrying about O'Gumby........

Durable goods orders drop by most in 3 years

U.S. businesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting manufacturing goods down by the largest amount in three years.

Its pathetic how uninformed you all are. Durable goods orders dropped in Jan. because there was a huge increase in Dec. Why? Because a special tax deferrment ended in Dec. The drop in Jan was expected.


Bookings for goods meant to last at least three years fell 1 percent after a 3 percent increase the prior month, according to the median forecast of economists surveyed by Bloomberg News.

bloomberg.com
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