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Think of it as an optimism indicator.
Long-lasting goods are one way to measure health of U.S. manufacturing sector.
Today's great durable goods number doesn't necessarily mean that all is well.
Orders for durable goods are up. And, the first time in more than a century, Americans are eating more chicken than beef.
A little good news on the economic front. Maybe. Maybe?
Orders for durable goods went up 0.1 percent.
Durable goods orders fell sharply in July.
An unexpected jump in orders for durable goods is a great sign for manufacturing and the economy.
Durable goods encompass a broad swath of the economy and tend to be items consumers forgo in tough times.
Durable goods — like computers and equipment — are one 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.
