Tag Archive for April

With strong month, Durable Goods Orders rose 5% over May 2011

6/27/12 May Real Durable Goods Orders, adjusted for inflation and not seasonally manipulated were up 4.1% over May 2011. That compares with a 4% gain in April. In adjusting for inflation, this measure attempts to represents actual unit volume of orders. Also, the use of actual, versus seasonally manipulated (SA) data allows an accurate view…

Factory Orders Fell in April Says Census Bureau, But Did They Really?

New orders for manufactured goods in April, down three of the last four months, decreased $2.9 billion or 0.6 percent to $466.0 billion, the U.S. Census Bureau reported today.  This followed a 2.1 percent March decrease.  Excluding transportation, new orders decreased 1.1 percent. http://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf OK, let’s get all excited, before we remember that this is seasonally adjusted nonsense that makes…

Philly Fed Says 48 of 50 State Economies to Grow

The Federal Reserve Bank of Philadelphia today released the leading indexes for the 50 states for April 2012. The leading indexes are a six-month forecast of the state coincident indexes, which reflect current economic activity in each state. Forty-eight state coincident indexes are projected to grow over the next six months, while two are projected…