Detailed text transcripts for TV channel - FOXNEWS - 20120425:13:10:00
Technicalities. durable goods are big-ticket items consumers buy, appliances machinery, business equipment, hobby material. it is a broad indicator of a cross-section of the economy. that decline of 4.2% is a real big surprise. it means it's more proof in fact, more confirmation that the u.s. economy is now headed south. think of it, bill. we have had bad news the past 10 days on jobs, housing and income. now on the durable goods. the economy appears to have turned now heading south. bill: durable good again consists of? >> all kinds of consumers items. appliances dishwashers, washing machines...
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