Author Archives: John Rutledge

Q4/07 GDP +0.6%; Better Than It Looks

Posted on January 31, 2008 by John Rutledge

(January 31, 2007) – Yesterday morning, the Commerce Department reported a substantial drop in GDP growth during the fourth quarter of 2007 to 0.6% from Q3’s 4.9%; this was lower than the 1.1% growth expected by economists and the weakest … Continue reading →

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December Durable Goods Up Big, +5.2%

Posted on January 31, 2008 by John Rutledge

(January 31, 2007) – The December Durable Goods report showed that new orders for manufactured durable goods in December increased $11.2 billion or 5.2 percent to $226.6 billion, the second consecutive monthly increase. Excluding transportation, new orders increased 2.6 percent. … Continue reading →

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