Refrigerator Jones
Posted on:: June 24th, 2009
WASHINGTON (Reuters) – An unexpected jump in U.S. durable goods orders last month backed hopes that the economy was healing, but news from the hard-hit housing market remained mixed.
In case you were wondering how long Americans could put off buying that new fridge, we now have the answer: About ten months. (And apparently the time spent resisting the urge to buy that new iPhone: 0.)