Daily Archives: October 25, 2012

Today’s Economic Reports Bring A Sigh Of Relief

Today’s updates on jobless claims and durable goods orders bring good news, or at least good relative to the worst fears inspired by recent data points in these series. There’s still plenty to worry about and it’s premature to conclude that we’ve pulled out of the bog with these statistics. But if you’re looking for fresh evidence that the economy is crumbling, you won’t find it in the numbers du jour.

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