Friday, May 25, 2012

Durable Goods New Orders – Long-Term Charts Through April 2012


Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.

For reference, here are a few charts depicting this measure.

First, from the St. Louis Fed site (FRED), a chart through April, last updated on May 24.  This value is 215,527 ($ Millions) :

(click on charts to enlarge images)


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Here is the chart depicting this measure on a Percentage Change from a Year Ago basis:


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Lastly, a chart from Doug Short’s post of May 24 titled “Durable Goods Orders Up .2%, But Below Expectations” showing the Durable Goods New Orders vs. the S&P500′s monthly average of daily closes:


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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1320.68 as this post is written

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