Friday, April 24, 2015

Durable Goods New Orders – Long-Term Charts Through March 2015

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, updated on April 24, 2015. This value is $240,175 ($ Millions):
(click on charts to enlarge images)
Durable Goods New Orders
Here is the chart depicting this measure on a “Percentage Change from a Year Ago” basis:
DGORDER 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 24, 2015;
_________
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 2116.42 as this post is written

No comments:

Post a Comment