U.S. durable goods unexpectedly fall in May (Unexpected Alert!)

reuters ^

[Perdogg]

Orders for long-lasting U.S. manufactured goods unexpectedly fell in May, suggesting an anticipated rebound in growth this quarter could fall short of expectations, even as a measure of business capital spending plans rose.

[hinckley buzzard]

Orders for durable goods is a routinely volatile measure. Probably this fluctuation means little.

[kearnyirish2]

“People are having to cough up those Obamacare premiums. Nothing much left after that for many folks”

I think it is worse than that; people have to buy food and such.

[kearnyirish2]

“We never left the last one.”

You’re right; here in NJ there was never any recovery, just convenient scapegoats (9/11, George Bush, Hurricane Irene, Hurricane Sandy, polar vortex, blah blah blah). The whole time, more businesses closed, more houses were foreclosed, and less Americans were born...NJ now has a huge imported population, and there is little “American” left here.