The Goods on Capital Goods
By William Trent, CFA of Stock Market Beat
Durable goods orders for capital goods remain strong, although rising inventories and some signs of stabilization/weakness merit watching.
Residential investment is another thing altogether, as consensus has quickly built on the slowing housing market. The second-quarter GDP report had some interesting data showing just how fast builders are adjusting to the new market. While the Q1 decline to 6.1% could have been a temporary pause like that of late 2004, the second quarter data shows an actual year/year decline.Watch List news:
The Brazilian aircraft manufacturer Embraer (ERJ) has sold 30 E-175 regional jets to Republic Airlines Inc., its first sale of the jet to the US market, Embraer said in a statement. Meanwhile their business jet backlog has increased to $1.25 billion. All the positive news makes the Motley Fool think Embraer can fly.
Other News:
We had some good things to say about Rockwell Automation.
http://www.stockmarketbeat.com/
Durable goods orders for capital goods remain strong, although rising inventories and some signs of stabilization/weakness merit watching.
Residential investment is another thing altogether, as consensus has quickly built on the slowing housing market. The second-quarter GDP report had some interesting data showing just how fast builders are adjusting to the new market. While the Q1 decline to 6.1% could have been a temporary pause like that of late 2004, the second quarter data shows an actual year/year decline.Watch List news:
The Brazilian aircraft manufacturer Embraer (ERJ) has sold 30 E-175 regional jets to Republic Airlines Inc., its first sale of the jet to the US market, Embraer said in a statement. Meanwhile their business jet backlog has increased to $1.25 billion. All the positive news makes the Motley Fool think Embraer can fly.
Other News:
We had some good things to say about Rockwell Automation.
http://www.stockmarketbeat.com/
posted by douglas mcintyre at 1:36 PM
Subscribe
<< Home