October 2017 Durable Goods Orders
Submitted by Atlas Indicators Investment Advisors on December 2nd, 2017Orders for wares expected to last three years or longer fell in October according to the Census Bureau. After jumping 2.2 percent in September, Durable Goods Orders gave back over half of the prior month’s gain, falling 1.2 percent. This monthly setback put downward pressure on the annual trend which dropped to just 1.0 percent versus the upwardly revised count of 8.4 percent