A surge of a different type
July 25, 2008 at 12:43 PM EDT
Government spending kicking in with 2007 spending that was delayed to 2008: Topical article: The GOP’s December Surprise by James K. Galbraith Durable Goods Orders Rise Unexpectedly by Michael M. Grynbaum A separate report showed that orders for big-ticket items rose last month, beating economists’ expectations. A surge in export orders and *investment in military-related products* sent durable goods [...]