Friday, October 25, 2013

Durable Goods New Orders – Long-Term Charts Through September 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 September, last updated on October 25.  This value is 233,411 ($ Millions) :

(click on charts to enlarge images)

DGORDER_10-25-13 233411

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

DGORDER_10-25-13 233411 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 October 25, 2013;

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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.
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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1756.65 as this post is written

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