Durable Goods Orders March 2013 Fall 5.7%, FOMC May Hold QE Signals

No need to worry about the Fed ending QE with mixed economic data: Durable goods orders fell in March as businesses cut back on investment in capital equipment. The Commerce Department said durable-goods orders for long lasting manufactured goods fell by 5.7 percent from the prior month.  Some of the decrease in durable goods orders[…]

durable-goods washer and dryer

Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower,

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[…]

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Stocks Retreat To Pre Bernanke QE3 Comments Made Monday March 26, 2012: Durable Goods Orders Up:

Stocks Retreat To Pre Bernanke QE3 Comments Made Monday March 26, 2012: Durable Goods Orders Up: Stocks fell precipitously in early trading today below the gap up caused by Ben Bernanke’s QE3 comments earlier this week.  The selling may be related to the end of the quarter and traders taking advantage of the rise in[…]

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Dow Closes Above 13,000 Consumer Confidence Trumps Durable Goods Orders

Dow Closes Above 13,000 Consumer Confidence Trumps Durable Goods Orders: The Dow Jones Industrial Average closed above 13,000 for the first time in over 3 years.  The Dow rose early today but managed to gain only a few points until later in the day when it began to rally.  The Dow moved up in spite[…]

jobs

Initial Jobless Claims Rise for week of Jan 24, 2012, Durable Goods Orders Increase and New Home Sales Fall in December 2011

Initial Jobless Claims Rise for week of Jan 24, 2012, Durable Goods Orders Increase and New Home Sales Fall in December 2011: Jobless claims fall marginally. Initial jobless claims rose but not by much.  Claims for initial unemployment benefits rose for the week ended January 21, 2012 the Labor Department said today.  Applications for benefits[…]

Two more data points that helped the Dow close the week Above 12,000

Two more data points that helped the Dow close the week above 12,000: Durable goods orders and initial jobless claims helped the Dow rally this week. Durable Goods Orders Companies spent more money on heavy machinery computers and other long lasting items.  The Commerce Department said this week, overall durable goods orders were down for[…]

Durable Goods Orders Up 4 Percent but Non-Defense Capital Goods Down 1.5 Percent

  Durable Goods Orders Up 4 Percent but Non-Defense Capital Goods Down 1.3 Percent: Behind the headline – still some cause for concern. Durable goods orders jumped in July by .4 percent the Commerce Department said today which is much higher than most economists anticipated.  The unexpected jump in durable goods orders is one of[…]

Durable Goods Orders Fall By More Than Expected

Durable Goods Orders Fall By More Than Expected: The U.S. economy still in rough patch. The latest economic data shows the economy is not yet in recovery mode. Economic data from housing and employment continue to show weakness while new data about durable goods confirm  downward trends.  The business community has been under constant uncertainty[…]

Stocks Fall For The Week On Europe, U.S. Outlook

Bernanke Lowers U.S Outlook, Italy Takes Spotlight From Greece. Stocks fell last week to make it seven out of the last eight weeks that the major averages have declined.  Concerns about the financial problems in Greece spread to Italy as several Italian bank stocks fell.  The ratings agency Moody’s, warned it might lower its ratings[…]