Friday, August 24, 2012

DailyMarkets.com - July Durable Goods Shipments Reach Record High

DailyMarkets.com - July Durable Goods Shipments Reach Record High


July Durable Goods Shipments Reach Record High

Posted: 24 Aug 2012 06:36 AM PDT

The Census Bureau reported today that both: a) new orders and b) actual shipments of manufactured durable goods showed strong monthly gains in July, increasing by 4.2% and 2.6% respectively compared to June.  On an annual basis, durable goods orders are up 8.4% and shipments are up 6.1% from a year ago. 

New orders for durable manufactured goods in July, at $230.73 billion, were at the highest monthly level since February 2008, more than four years ago (blue line in chart).  … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Aug 24, 2012

Posted: 24 Aug 2012 06:00 AM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Australia’s central bank rules out FX intervention (MarketWatch)
BoE’s Weale: Would prefer rate cut to more QE – paper (Reuters)
BOJ’s Shirakawa warns against persistent upward … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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