Daily Archives: February 27, 2013

Durable Goods Orders: A Mixed Bag For January

Today’s durable goods report brings mixed news for the economy. That’s a good thing in the sense that the numbers aren’t uniformly discouraging. On the dark side, headline durable goods orders fell last month, tumbling the most since last August. On the bright side, so-called business investment—capital goods orders less aircraft and defense—posted a strong gain in January. Depending on your outlook, the macro glass is either half full or half empty.

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