@ The White House
At 3:00 PM LOCAL TIME/2:00 AM ET, Vice President Biden will deliver remarks to U.S. service members and their families at Yokota Air Base, headquarters of U.S. Forces Japan, to recognize their assistance in Japan?s recovery efforts.
United States service members delivered relief supplies, assisted search and rescue efforts, provided specialized technical assistance, and helped restore critical local infrastructure.
They were instrumental in helping clear and reopen the Sendai Airport and ports in Miyako and Oshima in the aftermath of the earthquake and tsunami. Representatives from the Japanese Self-Defense Forces will also attend. This event is OPEN PRESS.
@ Wall Street
One hundred 737's?that was the American Airlines order from Boeing on July 27. It was worth about $7.7 billion at book prices. If the planes appear in the government's orders data in this report, headline durable goods orders will be strong.
The vagaries of the seasonal adjustment process for aircraft orders add to the risks, making it possible that headline orders could rise as much as 6%. If the aircraft orders don't hit the government's books until August, then July will be a damp squib.
The aircraft leverage is massive, because the rest of the picture looks gloomy, with orders for nondefense capital goods ex-aircraft likely to fall 2.2% as June's seasonal surge in turbines orders disappears.
