Durable orders post biggest slump in 6 months

Durable orders post biggest slump in 6 months

Why is this important? It shows the activity of businesses and their purchasing orders which tend to lead hiring activity. Not a good way to begin the second quarter. You can read the entire msnbc.com article here:

http://www.msnbc.msn.com/id/43165931/ns/business-eye_on_the_economy/

One of the hidden gems that speak directly to us as real estate investors is a short snippet from the Secretary of the Treasury Tim Geithner:

Treasury Secretary Timothy Geithner said recovery in the housing market had a long way to go.

"We've got several more years to go. Again just realistically I think it's going to take time still to heal that"

Anyway, be careful out there and go make some money.

__________________

Always Looking to Acquire Houses | Always Looking to Amaze Investors