DGO/Home Sales
March 24, 2010 at 11:26 AM EDT
Karim writes: Durables data was firm. Shipments ex-aircraft and defense (proxy for current qtr business capex) up 0.8%; stands 2.2% above Q4 avg; implication is real capex up 5-6% in q1 after 13.3% gain in q4 Orders ex-aircraft and defense (proxy for future capex) up 1.1% New home sales down 2.2% (prior mth revised to -8.7% from -11.2%); level [...]
