Written by John O’Donnell, Online Trading Academy
The Chart of the Week
Durable goods production rate of growth has been in a steep decline. In April, for the first time in 2 years, there was a contraction (negative growth). This week we discuss this trend, what it may mean for the overall economy and possible causes. Discussion of durable goods continues after the Read more >> jump.
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The chart for this discussion is the following graphic.
Source: YouTube
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