Tag Archive for Economic Recovery

Durable Goods Orders Not A Durable Indicator

“Orders for U.S. capital goods climbed in August by the most in three months, a sign business investment continues to support the recovery,” shouted Bloomberg today on news that durable goods orders rose in August. Citing the seasonally adjusted data, like Bloomberg, Marketwatch took a much more nuanced approach, “Orders for U.S. durable goods fell…