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Durable goods COLLAPSE.
Prints at -4pc, on expectations of -1pc, and a previous +3.2pc. BIGGEST SEQUENTIAL DROP SINCE JANUARY 2009. Machinery was off by 10.4pc, computer orders off by 10.1pc which pokes a huge hole in the "unemployment is getting better" big lie.
Ooooooops !
P.S. benny, you do know what "durable goods" are and what this metric means to an economy, yes?
P.S.S. benny, you do know that brainless lemmings who bought into the "getting better" CNBC rubbish propaganda probably didn't know that demand was pulled forward with the incentive of being able to totally expense capital goods......which has now expired, yes?
Just messing with you benny, I know you don't have a clue of what I'm talking about, so don't sweat it.
Prints at -4pc, on expectations of -1pc, and a previous +3.2pc. BIGGEST SEQUENTIAL DROP SINCE JANUARY 2009. Machinery was off by 10.4pc, computer orders off by 10.1pc which pokes a huge hole in the "unemployment is getting better" big lie.
Ooooooops !
P.S. benny, you do know what "durable goods" are and what this metric means to an economy, yes?
P.S.S. benny, you do know that brainless lemmings who bought into the "getting better" CNBC rubbish propaganda probably didn't know that demand was pulled forward with the incentive of being able to totally expense capital goods......which has now expired, yes?
Just messing with you benny, I know you don't have a clue of what I'm talking about, so don't sweat it.
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