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: Instapundit.comDURABLE GOODS ORDERS UP SLIGHT, but business spending cools. ?Demand for durable goods rose 0.3 per?
By Glenn Reynolds
DURABLE GOODS ORDERS UP SLIGHT, but business spending cools. “Demand for durable goods rose 0.3 percent last month, the Commerce Department said Wednesday. The overall increase was driven by a 75.9 percent increase in orders for commercial airplanes. Without the volatile transportation sector, orders dropped 3.8 percent — the steepest decline since January. Businesses spent less on equipment and machines. Orders for capital goods fell 8.0 percent.” Recovery summer!
Full post as published by Instapundit.com on August 25, 2010 (boomark / email).
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