Online: | |
Visits: | |
Stories: |
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.