[mEDITate-OR:
not see the very good news...
You see we as NOT talking about "Christmas toys" here.
We're talking about washing machines, airplane, tanks and trucks.
The 12-month percentage increase in April of 19% followed double-digit increases in January (15%), February (14%) and March (17%), and was the highest yearly growth rate in almost ten years, since June 2000 (20%)
That is a significant number and statement about the turn around of our economy.
If that continues it will mean more jobs.
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U.S. Durable Goods Orders Beat Forecast
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US manufactured durable goods rose 2.9% in April
This was the fourth increase in the last five months and followed a slight March decrease.
Excluding transportation, new orders decreased 1.0 per cent.
Excluding defense, new orders increased 3.4 per cent.
Transportation equipment, up following two consecutive monthly decreases, had the largest increase, $7.0 billion or 16.1 per cent to $50.7 billion.
This was due to nondefense aircraft and parts which increased $7.3 billion.
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Orders For Durable Goods Reach 19-Mo. High
The 12-month percentage increase in April of 19% followed double-digit increases in January (15%), February (14%) and March (17%), and was the highest yearly growth rate in almost ten years, since June 2000 (20%)
The 12-month percentage increase in April of 19% followed double-digit increases in January (15%), February (14%) and March (17%), and was the highest yearly growth rate in almost ten years, since June 2000 (20%)
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