Thursday, April 25, 2013

Durable Goods New Orders – Long-Term Charts Through March 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 March, last updated on April 24.  This value is 216,276 ($ Millions) :

(click on charts to enlarge images)

DGORDER_4-24-13 216276


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

DGORDER_4-24-13 Percent Change From Year Ago
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Manufacturers' New Orders:  Durable Goods [DGORDER] ; U.S. Department of Commerce: Census Bureau ; ; accessed April 25, 2013


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 1578.79 as this post is written

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