Saturday, December 22, 2012

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


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

For reference, below are charts depicting this measure.

First, from the St. Louis Fed site (FRED), a chart through November, last updated on December 21.  This value is 220,941 ($ Millions) :

(click on charts to enlarge images)

DGORDER_12-21-12 220941

-

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

DGORDER_12-21-12 Percent Change From Year Ago

_________

I post various indicators and indices because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not necessarily agree with what they depict or imply.
_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 1430.15 as this post is written

No comments:

Post a Comment