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Durable Goods Disappoint: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

The durable goods report served up some discouraging data.  The U.S. Census Bureau announced yesterday that new orders for manufactured durable goods fell 6.1% in January.  This was much worse than the estimated 5% decline.

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