Wednesday, April 25, 2012

Durable Goods Not Good

From Fox Business: "Demand for long-lasting U.S. manufactured goods dropped by the most in three years in March and a gauge of business spending plans fell, suggesting factory activity lost momentum as the first quarter ended.Durable goods orders tumbled 4.2 percent, the largest decline since January 2009, the Commerce Department said on Wednesday after a downwardly revised 1.9 percent increase in February."

DURABLE GOODS PERCENT CHANGE MONTH AGO
DURABLE GOODS - DOW JONES INDUSTRIAL AVERAGE