Durable Goods Orders Rise by 5.2 Percent
Orders to factories for big-ticket manufactured goods soared in December by the largest amount in five months, welcome news for an economy buffeted by talk of recession.
The 5.2 percent increase in orders was a surprise finish for the manufacturing sector at year's end — a segment of the economy considered to have had a poor year.
This has got to be disappointing news for those looking forward to, nay, salivating over the prospect of a recession.
2 comments:
yep. but the MSM ain't gonna advertise this.
It is probably do to the silver lining in the cloud of the dollar de-evaluating against so many of the world currencies..makes our exports cheaper to buy..
...which results in more jobs here at home.
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