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Durable Goods Orders Increase, Led by Defense; Autos Decline 3%, Shipments Down 0.5%

Tuesday, April 26, 2016 9:19
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(Before It's News)

by Mike ‘Mish’ Shedlock
Mish Talk

Durable goods orders for March rose 0.8% following a downward revision in February from -2.8% to -3.1%.

Motor vehicle orders fell a steep 3.0%.

Shipments declined 0.5% but core capital goods shipments rose 0.3%. Core capital goods revisions were hugely negative.

The Bloomberg Econoday consensus was 1.6%, double the reported number.

Continue Reading at MishTalk.com…

The post Durable Goods Orders Increase, Led by Defense; Autos Decline 3%, Shipments Down 0.5% appeared first on Financial Survival Network.



Source: http://financialsurvivalnetwork.com/2016/04/durable-goods-orders-increase-led-defense-autos-decline-3-shipments-0-5/

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