Archive: February, 2013
INDICATOR: Fourth Quarter GDP Revised/Weekly Jobless Claims
IN A NUTSHELL: "Small decline, small increase, it really doesn't matter as the government and inventory cut backs were the only problems with the economy at the end of last year.
INDICATOR: January Durable Goods Order
KEY DATA: Durables: -5.2%; Excluding Transportation: +1.9%; Business Investment: +6.3%
IN A NUTSHELL: "The surge in business capital spending is a good sign that the economy carried so decent momentum into the looming sequestration."