Tag Archive for Durable Goods Orders

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 not too hot, not too cold, but not just right

 This post is a copy of the updated permanent Factory and Durable Goods Orders page, which is updated monthly when new data is published. You can bookmark that page for future reference.  Real Durable Goods New Orders and Stock Prices April Real Durable Goods Orders, adjusted for inflation and not seasonally manipulated were up 3.7%…

Durable Goods and The Stock Market, with The Fed In The Driver’s Seat

Durable goods orders rose 8.7% In February versus January on a nominal, not seasonally adjusted basis. The mainstream media reported only the 2.2% seasonally massaged increase, which missed the consensus expectation of 2.9%. The actual, unadjusted increase was the best February gain since February 2004, so the actual data could hardly be read as disappointing.…

Durable Goods Devil In The Details And The Big Picture

“Durable Goods Orders Rise 4%,” blared the headlines this morning. There was just one minor problem with that. It was not true. It represented the seasonally adjusted, massaged, and manipulated number, which bears no semblance to reality. The mainstream media always reports just the seasonal hocus pocus while ignoring the actual number. That actual number…

How Durable the Economic Goods

Economists touted today’s manufactured goods gains as the linchpin of the economic recovery. Considering that manufacturing accounts for only 11% of the US economy, and durable goods is about half of that, that’s hanging a lot on this one sector. Is there any reason for bullishness on this?