Posted on 09/28/2011 6:45:43 AM PDT by Free Vulcan
WASHINGTON (MarketWatch) — Orders for U.S. durable goods fell slightly in August as demand shrank for motor vehicles and certain large defense goods, the government reported Wednesday.
Bookings for U.S.-made products designed to last at least three years dipped 0.1% in August after a 4.1% gain in July, the Commerce Department said. Economists surveyed by MarketWatch had expected orders to rise by 0.4%.
(Excerpt) Read more at marketwatch.com ...
Marketwatch estimates run about 12% accurate.
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