Durable goods orders were up as were personal income and spending. New home sales rose but prices declined...
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Posts Tagged ‘ Durable goods ’
Today’s Data: Durable Goods, Income and Spending, New Home Sales and Prices
Today’s Data: Mortgage Apps, Durable Goods, Personal Spending, Initial Claims, etc.
It was a big day for data, and it was mixed.
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Mixed data
Durable goods cam in better than expected, though it may only be due to a temporary bump: Miller Tabak’s Peter Boockvar notes that “the Govt stimulus package has a depreciation tax credit that expires by year end — so companies have to now use it or lose it. That could have had an impact...
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