Oh Boy: Horrible New Economic Numbers Released, Double-Dip Recession Coming?
Posted on AllSides September 27th, 2012
From The Right
As you digest these figures, keep in mind that we were already experiencing the worst economic 'recovery' since the Great Depression -- featuring "feeble growth, exhausted consumers, a jobs hole and shrinking paychecks." And now there's this:
New orders for manufactured durable goods in August decreased $30.1 billion or 13.2 percent to $198.5 billion, the U.S. Census Bureau announced today. This decrease, down following three consecutive monthly increases, was the largest decrease since January 2009 and followed a 3.3 percent July increase. Excluding transportation, new orders decreased 1.6 percent. Excluding...
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