Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower: Orders for durable goods, manufacturing goods intended to last at least 3 years or more, fell due to the increasingly sluggish U.S. economy. New orders for durable goods dropped by the largest amount in three and a half years…
May 19, 2012 Weekly Jobless Claims Data Suggests Month Will Be Weak -Unless the labor participation rate changes significantly again. Earlier in the year we were critics of those who claimed the labor force participation rate was skewing the unemployment data. The changes in the labor participation rate were marginal compared to recent weeks where…
