08 2007 U.S durable goods

--Orders fell, raising concern that business invesment will soften --Demand drop -4.9% vs -4.0% expectation --companies may decide to rein in spending after the meltdown in subprime lending sent financial markets reeling in August, dimming growth prospects --one bright spot in the report was that unfilled orders for capital equipment rose 1.2 percent, suggesting manufactures had enough of a backlog to keep production liens busy in coming months