FedUpUSA

Durables: -1.0%, GDP -2.9% (Fugly!)

Durables: -1.0%, GDP -2.9% (Fugly!)

How awful is this, really? New orders for manufactured durable goods in May decreased $2.4 billion or 1.0 percent to $238.0 billion, the U.S. Census Bureau announced today. This decrease, down following three consecutive monthly increases, followed a 0.8 percent April increase. Excluding transportation, new…

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