New orders for manufactured durable goods in August increased $0.3 billion or 0.1% to $224.9 billion, the U.S. Census Bureau reports. This follows a 8.1% decrease in July.
Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders
Durable goods orders are up 13.2% from August 2012, but this is only because last August was an unusually weak month. From September 2012, new orders for durable goods are up 3.7%.
Chilton Capital's REIT Composite was up 6.1% last month, compared to the MSCI U.S. REIT Index, which gained 4.4%. Year to date, Chilton is up 6.3% net and 6.5% gross, compared to the index's 8.8% return. The firm met virtually with almost 40 real estate investment trusts last month and released the highlights of those Read More