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 …

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 adjusted new orders are down 2.0% month-over-month, and down 0.2% year-over-year (same as last month) …

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 typo, month and year same percentage) Inflation adjusted new orders are up 4.6% month-over-month, and …

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 capital spending was very strong. Econintersect Analysis: new orders down 0.5% (down a revised 0.0% …