» 8:30 numbers: Weak durables orders, GDP Decision Economics

8:30 numbers: Weak durables orders, GDP

Posted September 27, 2012 by rvillareal

The headline August advance durable goods reading dropped a far steeper-than-expected 13.2% (Consensus: -5.0%; Decision Economics: -4.5%), as orders for commercial aircraft and parts fell nearly $20 billion, accounting for a large portion of the $30B headline decline. [private]US_12-0927_E1[/private]