Durable Goods Orders Report for January 2009
The Durable Goods Orders report for January 2009 was released this morning:
Predicted: -2.5%
Actual: -5.2%
The above percentages represent the month-to-month change in orders for durable or hard goods for immediate or future delivery from U.S. manufacturers. Examples of durable goods: cars, airplanes, computers -- items that are built to last 3+ years.
The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure. The Durable Goods Orders report is produced by the Commerce Department.
Click here to view the full Commerce Department report (PDF).
Predicted: -2.5%
Actual: -5.2%
The above percentages represent the month-to-month change in orders for durable or hard goods for immediate or future delivery from U.S. manufacturers. Examples of durable goods: cars, airplanes, computers -- items that are built to last 3+ years.
The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure. The Durable Goods Orders report is produced by the Commerce Department.
Click here to view the full Commerce Department report (PDF).
Labels: durable_goods_orders
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posted by Steve Brown | 2/26/2009 12:50:00 PM
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