Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: PROLIFE who wrote (646884)	3/5/2012 12:34:14 AM
From: i-node	1 Recommendation Respond to of 1580053

>> Durable goods orders drop by most in 3 years NOT GOOD.

To: PROLIFE who wrote (646884)

3/10/2012 2:41:35 PM

From: tejek

Read Replies (1) | Respond to of 1580053


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