Thursday, February 28, 2013

Durable Goods New Orders – Long-Term Charts Through January 2013

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 January, last updated on February 27.  This value is 216,981 ($ Millions) :

(click on charts to enlarge images)

DGORDER_2-27-13 216981


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

DGORDER 2-27-13 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 1515.99 as this post is written

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