Demand for U.S. durable goods unexpectedly fell in August signaling economic fall

Discussion in 'Economy' started by Neubarth, Sep 25, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Demand for U.S. durable goods "unexpectedly fell" in August, signaling companies are planning to curb spending on concern gains in sales will not be sustained.

    Durable Goods Orders in U.S. Unexpectedly Decreased (Update3) - Bloomberg.com

    Orders for goods meant to least several years dropped 2.4 percent, the worst performance since January, the Commerce Department said today in Washington. Excluding transportation equipment, orders were little changed.

    As I have been saying, the Obama administration has deluded the American Public into believing that things are improving. So much for those magical "green shoots". Home sales "unexpectedly fell" yesterday, and now durable good orders "fall unexpectedly." The Obama lies and deception about the economy can not be maintained.

    Like the Titanic, we are still floating by the stern, and Obama says that all is safe and secure. We are about ready to go under.
     
  2. Wry Catcher
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    Wry Catcher Platinum Member

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    Since a large part of the economic recovery depends on consumer confidence, and your post appears to be an effort to inject fear and uncertainty on the reader, you are in essence a terrorist.
    Assuming you are a native American citizen, you are an affront to all who gave their life or limb to this great nation; you may think you're a patriot, in fact and by deed you're a quisling.
     

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