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José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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U.S. durable-goods orders jump 9.9% in September

WASHINGTON (MarketWatch)
Orders for durable goods soared 9.9% in September, mainly because of a rebound in aircraft bookings, the Commerce Department reported Thursday
Economists polled by MarketWatch had expected an 8.3% increase
Excluding transportation, new orders rose a much smaller 2.0%
Core durable-goods orders - demand for capital goods excluding defense and aircraft - were unchanged last month after rising a scant 0.2% in August
Shipments of core capital goods, a number used to help calculate quarterly gross domestic product, fell 0.3% last month
It declined in all three months of the third quarrter
The drop in durable-goods orders in August, meanwhile, was revised slightly to 13.1% from 13.2%.

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