Wednesday, March 28, 2007

Durable goods weaker than expected

Durable goods weaker than expected (Reuters)

A woman walks past a home appliance store in this July 5, 2005. Orders for U.S.-made big-ticket items were weaker-than-expected in February as the world's richest economy hit hard by troubles in the housing sector set off the year at a slower pace, a government report on Wednesday showed. (Aly Song/Reuters)Reuters - Orders for U.S.-made big-ticket items were weaker-than-expected in February as the world's richest economy hit hard by troubles in the housing sector set off the year at a slower pace, a government report on Wednesday showed.


Hint after hint of a coming slowdown floods the market.  We should be wary.

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