SHOCKER: Unexpected Drop in Durable Goods. The Commerce Department reported Wednesday that demand for durable goods from American factories fell 1 percent in June. Excluding the volatile transportation sector, new orders decreased 0.6 percent. The report comes on heels of Tuesday’s latest take on consumer confidence, which dropped sharply in July.” Darn these constantly repeating unexpected events!
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.