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RobertB
September 27th, 2007, 01:02 AM
Durable goods orders plummet

US durable goods orders drop sharply

WASHINGTON - Demand for big-ticket manufactured goods plunged in August by the largest amount in seven months, with widespread weakness signaling a slowdown in the United States' industrial sector.

The Commerce Department reported Wednesday that orders for durable goods, everything from commercial jetliners to home appliances, fell by 4.9 percent in August, the biggest decline since a 6.1 percent fall in January.

http://www.msnbc.msn.com/id/20989458/

lilbitsyspider
October 1st, 2007, 06:37 AM
My dog sitter's husband is already feeling this pain. He and 700 hundred other employees were just laid off. As of Friday he has no employment.