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Does anyone else question the uptick in February after such a dismal revised January? Looks like Government spending had something to do with the uptick, but it just still seems higher than it probably should be. Oh, well hunches are not worth much, we will see when they revise February next month...
1 posted on 03/25/2009 5:50:22 AM PDT by Wpin
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To: Wpin

You’re right. I think it was all the plasma screen tvs that TOTUS was ordering. All hail totus.


2 posted on 03/25/2009 5:54:51 AM PDT by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: Wpin

If the gubmint would just lay off, the recession would end naturally...but TOTUS and Congress keeps messin’.


4 posted on 03/25/2009 6:17:21 AM PDT by SoFloFreeper
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To: Wpin
Durable goods orders unexpectedly climbed during February, but demand in the prior month was revised down deeply,

I'm sure it's just a coincidence that January was the last partial month of the Bush Admin and February was the first full month of the Obama Admin. So now Obama looks better and Bush looks worse.

7 posted on 03/25/2009 6:35:53 AM PDT by dirtboy
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To: Wpin

Someone’s going to have to prove to me that this uptick was govt related. They hadn’t even cut the checks from the stimulus package by then.


8 posted on 03/25/2009 6:51:29 AM PDT by Free Vulcan (No prisoners. No mercy. 2010 awaits.....)
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To: Wpin

Perhaps manufacturers are automating to cut their workforce. With the prospect of more unionization via Card Check it makes sense. As an aside I recently bought a piece of new equipment for my company at a steep discount. The price was comparable to a piece of used equipment!


10 posted on 03/25/2009 6:58:03 AM PDT by darth
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To: Wpin

the reality of the Durable Good Orders is that this report is one of the most volatile reports that is given monthly and bond traders don’t put much faith in it, but stock ( day ) traders will trade on anything


12 posted on 03/25/2009 7:58:58 AM PDT by peace with honor
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To: Wpin

“Year over year, February durables were 28.4% lower, in unadjusted terms.”

That’s the REAL comparison - and its dismal.

Lot’s of signs the economy is stabilizing ... at a lower level than previously. Just like the stock market ... it is ‘surging’, back to levels well below the levels of January 1.


15 posted on 03/25/2009 7:08:43 PM PDT by WOSG (tagline is now unemployed due to Obama economy)
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To: Wpin

More Fantasy numbers.


16 posted on 03/25/2009 9:41:57 PM PDT by Revel
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