Global Economic News and Analysis
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 4.3 percent February increase. Excluding transportation, new orders decreased 1.4 percent. Excluding defense, new orders …
Continue reading “Durable Goods Orders Show US Manufacturing Continuing Secular Decline”
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) …
Continue reading “Durable Goods New Orders Are Not Good in March 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 …
Continue reading “Durable Goods New Orders Are Mixed in February 2013”
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 directly visible in our data:
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% …
Continue reading “Durable Goods New Orders Show Mixed Picture in January 2013”