Chris Rupkey on U.S. Durable Goods, Economy

Aug. 24 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses the rise in U.S. durable goods orders and the shortcomings of the data as an economic indicator. Bookings for non-military capital equipment excluding planes slumped 3.4 percent, the most in eight months, a Commerce Department report showed today in Washington. (Source: Bloomberg)

Full Show: Bloomberg Businessweek (03/24)
44:41 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
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