The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Capex Pillar Crumbling, GDP Forecasts Cut

 Mar 26, 2008 10:34 PM UTC

3/26 - "Red flags abounded in today’s durable goods report and warn that the business sector and strength of export demand may not bail the US economy out of a deep recession. Indeed, the collapse in capex orders raises the possibility that the weakness in the consumer and housing sectors is broadening out to the wider economy...We are now tracking just 0.7% QoQ annualized growth for 1Q capex and GDP at -0.2%. The weakness in capex orders will spill into 2Q as well so we have shaved capex investment to 0.2% from 0.7% and GDP remains at -0.3%."

"A particularly worrisome aspect of today’s report was the jump in the inventory to sales I/S ratio to 1.54 months in February from 1.49 in January, to the highest since November 2001, on a relatively benign 0.5% MoM increase in inventories. The largest increases were in the electrical equipment and tech goods space, both export oriented sectors that should be performing well given the low dollar and purported strength in global demand."





Comments (8)

Add Comment

Arrow_up
Arrow_down
liubaiying   N/A     1 point   commented 709 days ago reply

Links of London is pleased to links of london announce the appointment of new Creative Director, Elizabeth Galton. Elizabeth joins the brand during a very exciting period of development and growth. Her arrival marks another significant links of london sale milestone in the brand’s program of evolution and expansion. Flagship store openings are planned in China and Japan links of london jewellery for 2008, following on from successful openings in Athens and Dubai at the end of 2007.

Arrow_up
Arrow_down
liubaiying   N/A     1 point   commented 709 days ago reply

There is also a small story to tell links of london rings the truth that Links of London jewellery is the best choice. One day, I receive a phone call from my aunt that my older sister born a boy. I am so excited I have a nephew and I am in hurry that I dont know which links of london charm bracelet good I should choose.

Arrow_up
Arrow_down
liubaiying   N/A     1 point   commented 707 days ago reply

Links of London quickly Links London Earrings established a reputation for beautifully crafted affordable luxury jewellery and gifts. The brand has earned the respect not only of its growing clientele but also other players in the luxury market. Links of London - Dubai is conveniently Links London Rings located at the First Level, Wafi Retail Extension.

Arrow_up
Arrow_down
liubaiying   N/A     1 point   commented 697 days ago reply

‘I am thrilled that links of london Elizabeth Galton has joined the team at Links of London. She brings with her huge amounts of creative know-how, technical knowledge and design inspiration. It is fantastic for the links of london stores brand to have such a fresh, dynamic force in British jewellery design at the creative helm. Links London Rings I expect exciting things for the future.’

Arrow_up
Arrow_down
louisvuittonxmao   N/A     1 point   commented 659 days ago reply

In view of the value proposition to offer the bags, make the people continue to pay a little more for them, louis vuitton
we can at least three different factors, the durability, louis vuitton
beauty and class to be determined. louis vuitton outlet
After the stunningly gorgeous quilted Shopper and Bowling bags, louis vuitton sale
please come to see our Louis Vuitton online. louis vuitton outlet
Louis Vuitton has another surprise up their sleeves as another star has fallen from the sky. louis vuitton sale
You can buy these Louis Vuitton products at a fantastic discounting price. louis vuitton outlet
The latest kinds and styles, so many are here for you to choose. louis vuitton outlet store
owing a wide range of Louis Vuitton products is no longer a dream, louis vuitton outlet store
owing a louis vuitton handbag or purse is just the patent of those rich people, lv outlet
Owing louis vuitton products are no longer the patent of those rich people, lv outlet
In view of the value proposition to offer the bags, make the people continue to pay a little more for them, lv
we can at least three different factors, the durability, lv
make the people continue to, Soccer Jerseys

Arrow_up
Arrow_down
serious   N/A     1 point   commented 384 days ago reply

cheap christian louboutin shoes online store. Luxury french red sole shoes.


cheap christian louboutin shoes


red pumps christian louboutin shoes red bottom shoes cheap red bottom shoes red bottom shoes for cheap louboutin pumps cheap christian louboutin christian louboutin shoes New information has brought the only reflect of life through little Christian Louboutin Sandals eyes I said

Arrow_up
Arrow_down
serious   N/A     1 point   commented 380 days ago reply

cheap christian louboutin shoes online store. Luxury french red sole shoes.


cheap christian louboutin shoes


christian louboutin black christian louboutin shoes worried about the loss of surgery will make her the ability to wear Christian Louboutin fashion destroy her appearance louboutin pumps louboutin pumps red bottom shoes for cheap wedding shoes poor Tony for the beautiful Sister paid a heavy price for ah! Posh looks bright louboutin pumps in fact christian louboutin pumps red sole pumps have to endure the extraordinary pain louboutin pumps she was forced to ice the foot every day christian louboutin louboutin pumps and for the hysterical foot movement red bottoms shoes christian louboutin sale all are recommended

Arrow_up
Arrow_down
serious   N/A     1 point   commented 379 days ago reply

Christian Louboutin replica site. Luxury french shoe and bag designer.


christian louboutin pumps


christian louboutin pumps christian louboutin pumps br>


Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch