New orders for long-lasting U.S. manufactured goods excluding transportation equipment posted their largest decline in 1-1/2 years in July while overall booking rose far less than expected, pointing to a slowdown in manufacturing.   Read More

>

Durable Good: Breaking News Updates

US durable goods results: what the economists say
Do the weak figures signal a double-dip recession in the US– The experts analyse the dataThe latest US economic data has intensified fears of a double-dip recession there. Sales of new US homes tumbled to a record low last month, confounding expectations for them to hold steady. Separate government data showed new orders for durable goods such as cars, machinery and household appliances rose a meagre 0.3% last month ” far below a 2.8% rise forecast by economists. Here are economists’ reactions to the data.Jeremy Cook, chief economist, World FirstThe US housing market is imploding alongside its economy; poor manufacturing, retail and activity surveys have stripped away the veneer of an American recovery and the market has realised that the emperor is not wearing any clothes. As a result, ‘haven’ assets such as the Japanese yen and the Swiss franc are powering to record highs and the yield on government debt is tumbling as investors continue their ‘flight to quality’.Paul Ashworth, senior US economist at Capital EconomicsJuly’s durable goods report adds to the recent evidence from numerous activity surveys that the manufacturing recovery has lost nearly all of the considerable momentum it had. The rebound in manufacturing was one of the bright spots in an otherwise disappointing recovery.

Durable Goods Orders Increase in July
.

Stocks Fall On Weak Durable Goods Orders
Stocks mostly hold gains after European bailout.

Durable Goods Orders Rise 0.3 Percent In July
Durable goods orders rise 0.3 percent in July.

Durable goods orders fall while business spending up
WASHINGTON (Reuters) – New orders for long-lasting manufactured goods fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter..

Durable goods orders fall, business spending up
WASHINGTON (Reuters) – New orders for manufactured goods like cars and planes fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter..

Durable goods orders fall, but business spending up
WASHINGTON (Reuters) – New orders for U.S. manufactured goods like cars and planes fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter..

Stocks Fall After Drop In Durable Goods Orders
Stocks mostly hold gains after European bailout.

An Unexpected Drop in U.S. Durable Goods
Durable goods orders fell by 1 percent in June as the sputtering economy dragged down demand..

Stocks Mixed After Drop In Durable Goods Orders
Stocks mostly hold gains after European bailout.

Top Submitted Stories for Durable Good

Forex Video YouTube Guide: US Durable Goods Orders
US Durable Goods Orders http://forex-ar-en.blogspot.com/2010/08/us-durable-goods-orders.html

News Media

Durable Goods Report: Dismal – Zacks.com
New Orders for Durable Goods rose just 0.3% in July. That was far below the consensus expectations for an increase of 3.0% (oh, what a difference a silly …

Stocks drop on lower durable goods orders – The Star-Ledger – NJ.com
US stocks fell, sending the Standard & Poor's 500 Index down for a fifth day, as a lower- than-forecast rise in durable-goods orders cast more doubt on the …

WORLD FOREX: Dollar Supported Vs Yen By Intervention Threat – Wall Street Journal
Demand for US manufactured durable goods rose by 0.3% to a seasonally adjusted $193.02 billion, the Commerce Department said Wednesday. …

DJIA Futures Plunge Below 10K After Weak Durable Goods Orders – Schaeffers Research (blog)
Selling took firm hold in pre-market trading after July's durable goods orders came in weaker than expected. The report arrives as yet another in …

Durable Goods: Ending the Myth of Recovery – Seeking Alpha (blog)
By this author: A very bad report ” 8% drop in non-defense, non-aircraft in durable good orders. Overall the orders were up 0.3% in the face of a consensus …

Intervention prospects push yen down; Euro gains capped by sovereign jitters – MarketWatch
The dollar lost ground against the euro and yen after the US Commerce Department said orders for durable goods came in weaker than economists expected. …

Street Stalls On Mounting Economic Worries – Forbes
Data on home sales, durable goods rattle market. BHP says it won't raise Potash bid. Another day, another decline for US stocks as major equity indexes …

Wall Street extends losses on Durable Good Orders – NASDAQ
FXstreet.com (Barcelona) – US Benchmark indexes opened lower on Wednesday, following a much weaker than expected data in Durable Good Orders, …

Treasuries Rise, 10-Year Yield Drops to 19-Month Low on Signs of Slowdown – Bloomberg
Orders for durable goods advanced a less-than-expected 0.3 percent in July after a revised 0.1 percent drop in the previous month, the Commerce Department …

Recent Activity on Twitter

  • RT @sav01: More good news. RT @JimPethokoukis: GoldmanSachs: Durable goods report is "much worse than expected."
  • More good news. RT @JimPethokoukis: GoldmanSachs: Durable goods report is "much worse than expected."
  • Latest forex news… Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Doll… http://bit.ly/9a6IZZ
  • Stocks down on durable good orders and Ireland down grade. Concerns on double dip recession increase
  • Demand for durable good orders increased slightly in July, but orders for machinery dropped by 15 percent … http://bit.ly/aD0BEI
  • Weak durable goods orders on top of housing slump not good news. More happy talk & Bush tax cuts are not the answer. http://twurl.nl/jzupnx
  • News: Wall Street extends losses on Durable Good Orders – FXstreet.com (Barcelona) – US Benchmark indexes opened low… http://ow.ly/18IIwu
  • Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Dollar has gone slightly lower… http://dzij.com
  • Forex: Dollar ticks down after mixed Durable good orders http://bit.ly/bi5F2A
  • Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Dollar has gone slightly … http://bit.ly/9zT8t0
  • Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Dollar has gone slightly … http://bit.ly/c7JlaK
  • Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Dollar has gone slightly … http://bit.ly/9TmPcJ
  • Forex: Dollar ticks down after mixed Durable good orders http://bit.ly/cRmCG2
  • Forex: Dollar ticks down after mixed Durable good orders: FXstreet.com (Barcelona) – The Dollar has gone slightly … http://bit.ly/93AEIp

News Activity for Durable Good

Durable good orders have gone down
Durable goods manufactured in the USA have gone down in terms of number of orders in June.June is the second consecutive month this year when this happens and things start to get a little worrying.The Commerce Department said on Wednesday that orders fell down 1% to $ 190.5 billion, even if some economists expected growth.There [...]

Obama, Jobs and that Durable Goods Report – The Curious Capitalist – TIME.com
While watching President Obama talk about the jobs on The View—he should do more of that stuff, he’s good at it— my other eye was taking in all the commentary on Wednesday’s durable goods report. The latest news on durable goods orders is not encouraging, not just because it shows a monthly decline for June [...]

Will Durable Goods Slow the Risk Rally in Forex Trading– | GFT Forex
Currency trading on the FX marketThe risk rally got a good boost earlier today, with the sterling moving through the 1.56 level in currency trading. On top of that, the euro has gained in forex trading, reaching the 1.30 level. However, the forex trading forecast question right now is whether or not the risk rally will continue. The latest durable goods news out of the U.S. has been…