Capital Spending Indicator Down

Other Category: Economics

March 26, 2008
Dan
capital, economy

Orders for durable goods fell for the second straight month in February according to the Commerce Department, as did orders for non-defense capital goods. (Bloomberg) Unfortunately, the capital spending indicator down is not good news for business.

Orders for machinery fell by the largest amount since the Commerce Department began tracking them in 1992.
This is not a good sign moving forward; however, you can prepare using our SWOT Analysis Execution Plan inside the SCFO Lab. Click below to learn more about what is inside the SCFO Lab.

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