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Tag Archives: electronics
Durable Goods New Orders Rebound in April 2013
Written by Steven Hansen The headlines say the durable goods sector improved significantly in April 2013 – rebounding from a very poor March. This analysis is stronger than the headlines – but is in conflict with industrial production data from … Continue reading
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods, aa syndication
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
2 Comments
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
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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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
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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Durable Goods January 2012 Continued to Show Economic Expansion
Written by Steven Hansen Durable Goods data in January 2012 is significantly better than the month-over-month data being spouted by the pundits. Although there is speculation that a tax credit expiry could have inflated the December numbers (making January seem … Continue reading
Posted in Durable Goods, Manufacturing
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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Positive Durable Goods Data in December 2011
Durable Goods data in December 2011 is showing an economic expansion cycle is underway. Durable Goods sector is the portion of the economy which provides products which have a utility over long periods of time before needing repurchase – like … Continue reading
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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November 2011 Durable Goods Driven by Jump in Aircraft Sales
Durable Goods data was up strongly in November 2011. Durable Goods sector is the portion of the economy which provides products which have a utility over long periods of time before needing repurchase – like cars, refrigerators and planes. US … Continue reading
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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Durable Goods Continued to Show Growth in October 2011
Durable Goods data was mixed in October 2011 – but continued to show moderate year-over-year growth. Durable Goods sector is the portion of the economy which provides products which have a utility over long periods of time before needing repurchase … Continue reading
Posted in Durable Goods
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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Sadly Real Durable Goods Contracted Year-over-Year in September 2011
Following last month’s strong growth spurt, September 2011 inflation adjusted durable goods new orders contracted 9.8% month-over-month and 2.7% year-over-year. The headline seasonal adjustment methodology says current dollar durable goods new orders declined 0.8%. Econintersect does not believe the US … Continue reading
Posted in Durable Goods, Manufacturing
Tagged aircraft, Census Bureau, computers, defense spending, durable goods, electronics, manufacturing, Steven Hansen
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