A bunch of numbers this morning.
Durable Goods numbers aren’t so hot. Cap Goods numbers are just plain ole disappointing. The head line Durable Goods Numbers were right at economist’s expectations, but everything else missed the mark. Manufacturing clearly has some issues. Which means the economy continues to have some issues. Weak numbers equals weak economy. That’s not exactly new news.
Initial Jobless claims were right on the money, right at economist’s expectations. Continuing Jobless Claims were better than the previous period. So at leaset we can say that the jobs picture is not getting worse this week.
Durable Goods Orders
Durables Ex Transportation
Cap Goods Orders Non Def Ex Air
Cap Goods Shipped Non Def Ex Air
Initial Jobless Claiims
On a happy note, it’s Thursday. Bayou Country Super Fest this weekend in Baton Rouge. There’s gonna be a whole lot of twang going on!
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury