Bloomberg's Stilwell Really Wants to Blame the Disastrous Dec. Durable Goods Report on the Weather

Townhall.com Staff
|
Posted: Jan 28, 2014 11:58 AM

There was another appearance of the dreaded U-word ("unexpectedly") this morning at Bloomberg News.

The Commerce Department's advance report on December durable goods orders and shipments showed a seasonally adjusted 4.3 percent decrease in orders from November, while November was revised down from a positive 3.4 percent to 2.6 percent. Economists' median prediction for December was for a 1.8 percent increase. Bloomberg's Victoria Stilwell had an excuse at the ready, and as will be seen, chose to use it even though she knew it was a stretch: