Tuesday, February 28, 2012

Durable Goods Orders Ex-Transports

The Durable Goods Orders numbers reported this morning were pretty poor, -3.2% excluding transportation companies.  The data is still in an uptrend though, and is only back to where it was in September of last year.  That said, Durable Goods Orders (which are a nominal number I believe) have not exceeded their pre recession peak.  That makes this data set one of the few nominal indicators that hasn't made a new high.

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.