Wednesday, September 25, 2013

Durable Goods New Orders – Long-Term Charts Through August 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 August, last updated on September 25.  This value is 224,916 ($ Millions) :

(click on charts to enlarge images)

DGORDER_9-25-13 224916

-

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

DGORDER_9-25-13 224916 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 September 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 1694.25 as this post is written

No comments:

Post a Comment