Category Archives: Durable Goods

Durable Goods Orders Show US Manufacturing Continuing Secular Decline

by Lee Adler, Wall Street Examiner New orders for manufactured durable goods in March decreased $13.1 billion or 5.7 percent to $216.3 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a … Continue reading

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Durable Goods New Orders Are Not Good in March 2013

Written by Steven Hansen The headlines say the durable goods sector declined significantly in March. This analysis says the data is very soft if one ignores civilian aircraft. Econintersect Analysis: new orders down 2.6% month-over-month, and down 1.4% year-over-year Inflation … Continue reading

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Durable Goods New Orders Are Mixed in February 2013

Written by Steven Hansen The headlines say the durable goods sector improved significantly in February. This analysis says the data is very soft if one ignores civilian aircraft. Econintersect Analysis: new orders up 1.2%  month-over-month, and up 1.2% year-over-year (no … Continue reading

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Consumers: Past, Present and Future

by Rick Davis, Consumer Metrics Institute Click on graph for larger image of calendar year 2012 chart. When we last looked back at our data for US consumer behavior for the end of 2012, we included comments on two phenomena … Continue reading

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Durable Goods New Orders Show Mixed Picture in January 2013

Written by Steven Hansen The Headlines say the durable goods sector declined significantly in January. This analysis says the decline was less – but durable goods spending is below January 2012 levels. The rose in this data is that non-defense … Continue reading

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Beware of Month-over-Month Statistics

Written by Steven Hansen Most readers know I have issues with the US Census headline data.  The data does not add up against itself.  When I was a negotiator, one of the tools used is to run your opponent in … Continue reading

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Durable Goods New Orders Are Less than Good in December 2012

Written by Steven Hansen The Headlines say the durable goods sector improved in December.  This analysis says the opposite as the unadjusted new orders are barely above December 2011 levels. The headlines say backlog improved marginally this month  – but … Continue reading

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Durable Goods New Orders Beat Expectations but Still Not Good In November 2012

Written by Steven Hansen Durable goods sector improved in November – according to headlines.  Even with the improvement, this sector of the economy’s analysis remains in a downtrend. This analysis is worse than the headline data. The headlines say backlog … Continue reading

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Holiday Consumer Activities

by Rick Davis, Consumer Metrics Institute Earlier we presented a chart that attempted to quantify the impact of Hurricane Sandy and the presidential election on the shopping behavior of American consumers. We did that by comparing this year’s behavior with … Continue reading

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Durable Goods New Orders Improves In October 2012

Written by Steven Hansen Durable goods sector improved in October – according to Econintersect‘s analysis. Even with the improvement, this sector of the economy’s analysis remains in a downtrend.  This analysis is better than the headline data. Backlog was declined … Continue reading

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Update on Post-Sandy Condition and Election in America

November 26, 2012 – Quick Update on the Impact of Super-Storm Sandy and the Electoral Blues: by Rick Davis, Consumer Metrics Institute Earlier this month we reviewed the impact of Hurricane Sandy and the presidential election on the shopping behavior … Continue reading

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Durable Goods New Orders Improves (but still soft) in September 2012

Written by Steven Hansen Durable goods sector improved in September – after lasts months poor data. Even with the improvement, this sector of the economy looks soft – and this analysis is worse than the headline data. Backlog was unchanged … Continue reading

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Who is Confused: Consumers or Consumer Observers?

Written by Gene Balas Most of the time, consumers of economic data look at broad indicators to determine a basic question: “is economy activity growing or contracting?” Based on the answer to this question, investors may alter their asset allocation … Continue reading

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Durable Goods New Orders Very Large Contraction in August 2012

Written by Steven Hansen Durable goods sector contracted in August – most of the contraction being in transport. Everything else was soft or contracting this month. Nobody can spin anything in durable goods as good. This data set is considered … Continue reading

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Durable Goods New Orders Shows a Mixed Picture in July 2012

Written by Steven Hansen Yes, July durable good’s new orders are up – but the growth is all civilian aircraft.  Everything else was soft to contracting this month.  Whatever takeaway from this data set will be based on the color … Continue reading

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Durable Goods Improves in June 2012 – The Argument is How Much

Written by Steven Hansen Yes, durable good’s new orders are up – but nowhere near the Census bureau estimate of 1.6%.  Econintersect believes the number is 0.5%, whilst the slightly different data grouping from the Federal Reserves sees an increase … Continue reading

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Durable Goods May 2012 Backlog Continues to Decline

Written by Steven Hansen Last month’s durable goods data was strange – this month it was a little more consistent.  Overall, there is a slight difference between the adjusted and unadjusted data analysis – but there is no disagreement that backlog … Continue reading

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Durable Goods Data Weak in April 2012

Written by Steven Hansen Durable Goods data was strange this month – with backlog dropping and the whole series undergoing its annual revision.  Defense could be blamed for the weakness, but the whole series (except civilian aircraft and autos) seemed … Continue reading

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Another Ugly Data Release: Durable Goods March 2012

Written by Steven Hansen Durable goods disappointed both Econintersect and pundits this month. This is a not a noisy series, with little backward revision. Even ignoring the normal wobble in the data caused by aircraft and defense, this portion of … Continue reading

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Durable Goods Strong in February 2012, Pundits Are Wrong

Written by Steven Hansen Durable goods disappointed the pundits.   Econintersect reviews durable goods for economic implications – and even scratching our rears cannot figure out what would disappoint in this data.  This is a not a noisy series, with little … Continue reading

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