Durable Goods New Orders Strong Again in May 2013

Written by Steven Hansen The headlines say the durable goods sector again improved significantly in May 2013 . But this growth is not as strong as it seems as it is concentrated in a single sector. Econintersect Analysis: new orders up 3.1% month-over-month, and up 7.7% year-over-year Inflation adjusted new orders are up 5.1% year-over-year

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 the Federal Reserve. Econintersect Analysis: new orders up 6.4% month-over-month, and up 4.4% year-over-year Inflation …