Thursday, February 25, 2010

U.S. Economy: Equipment Demand Slows to Start 2010 (Update1) - Bloomberg.com

Orders for durable goods excluding transportation unexpectedly fell 0.6 percent, the most since August, while a measure of bookings for business equipment showed its biggest decrease in nine months, the Commerce Department in Washington said. The Labor Department said new claims for unemployment insurance rose to a three-month high.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.DJ3JHmieCU&pos=3

Not much to see here. Standard part of the business cycle.

* * * * * J B K * * * * *

San Francisco