It's The Economy Stupid: Durable Goods & Jobless Claims

Okay, strong Durable Good Orders.  Across the board, all good.  Jobless numbers weren’t as strong, but still in a better direction than last year.  All & all, pretty good stuff.

 

Economic Event	Period	Economic Survey	Actual Reported	Original Prior	Revised Prior
Durable Good Orders	DEC	2.0%	3.0%	3.8%	4.3%
Durable Goods Ex Transportation	DEC	0.9%	2.1%	0.3%	0.5%
Cap Goods Orders Non Defense Ex Air	DEC	1.0%	2.9%	-1.2%
Cap Goods Orders Shipped	DEC	1.0%	2.9%	-1.0%
Initial Jobless Claims	JAN 21	370K	377K	352K	356K
Continuing Claims	JAN 14	3500K	3554K	3432K	3466K

 

The blow back from the International Monetary Fund lowering the economic growth forecast for Europe not really a big deal.  Could it be that the rest of us already figured out that Europe has some economic problems???

 

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

445 North Blvd, 7^th Floor

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One City Plaza, 7th Floor

Corner of North Blvd & 4th Street

Exit 1B I-110 Convention Street,

Turn Left to get to North Blvd,

Turn Right on North Blvd