Durable goods orders down over 1%

Stacey Vanek Smith Jul 26, 2012
HTML EMBED:
COPY
Working. KENZO TRIBOUILLARD/AFP/GettyImages

Durable goods orders down over 1%

Stacey Vanek Smith Jul 26, 2012
Working. KENZO TRIBOUILLARD/AFP/GettyImages
HTML EMBED:
COPY

Stacey Vanek Smith: Durable goods orders are out this morning. Those are sales of big ticket items like computers and equipment. It’s seen as a way to measure for how much companies are investing in future growth. In word: They’re not. Durable goods orders were down more than a percent in June — the most in five months.

Joining us to discuss is Adolfo Laurenti, deputy chief economist for Mesirow Financial in Chicago.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.