Durable Goods Orders During July 2024

The Durable Goods Orders report for July 2024 was released by the Commerce Department this morning:

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Predicted: +5.0%

• Actual: $289,645,000,000 (+$26,074,000,000 [+9.89%])

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CHART: Durable Goods Orders
JULY 2024 UPDATE

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The yellow-highlighted figures represent the dollar amount of new orders for durable or hard goods for immediate or future delivery from U.S. manufacturers, along with both the dollar and month-to-month percentage change.

Examples of durable goods: cars, airplanes, computers, furniture -- items that are built to last at least three years.

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• Click here to view the full Commerce Department report (PDF).
  

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El-Erian: ‘It’S Uncomfortably Possible’ That The Fed Will Push The Economy Into A Recession

VIDEO CLIP: Mohamed El-Erian "It’s Uncomfortably Possible’ That The Fed Will Push The Economy Into A Recession"

From the good folks at Yahoo Finance...

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