Doom and Gloomers take one in the chops.
Durable Goods Orders
Durables Ex Transportation
Cap Goods Orders Non Def Ex Air
Cap Goods Ship Non Def Ex Air
Okay, this ain’t a great set of numbers, and really, it’s barely treading water for a minimal growth economy, but they indicate that the U.S. economy ain’t going in the tank. So, we aren’t Europe. Or at least not yet.
And yes, I realize I used “ain’t” twice.
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury