The details in the August durable goods and new homes data offered some redemption to their otherwise disappointing headline numbers.
On Friday the Commerce Department reported that durable goods orders slipped 1.3% in August, from the upwardly revised gain of 0.7% recorded in July, and weaker than the 1% decrease forecast by the Street. Excluding the [...]
Posts Tagged ‘chief economic’
Economy Offers Better Signals With Home Sales, Durable Orders
September 24th, 2010 by Financial Writer
Tags: chief economic, commerce department, Economic Analysis, economy activity, home sales, homeowners
more...CBI warns economy will be slow to grow
June 15th, 2009 by Financial Writer
The UK economy will recover slowly and will not return to groth before the start of next year, warned the the Confederation of British Industry today.
The industry group said commentators had been too quick to seize on data that appeared to signal an early recovery and that talk of green shoots had been overdone.
Not only [...]
Tags: chief economic, confederation of british industry, uk economy