Drop in Durables Orders Points to Slow Investment: Economy – Bloomberg 11-27-13

Salient to Investors:

Ryan Sweet at Moody’s Analytics said conditions for stronger growth are falling into place for early 2014, and housing will kick in and spur faster growth.

Michelle Girard at RBS Securities expects the shopping season to be OK as employment growth of around 200,000 jobs a month and income growth supports a 2 percent consumer spending pace.

Read the full article at http://www.bloomberg.com/news/2013-11-27/orders-for-u-s-durable-goods-drop-as-shutdown-hurts-confidence.html

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