It's The Economy Stupid: Durable Goods

Durable Goods surprise on the upside, plenty of good news in this report.  And let me point out that good news is not a bad thing.

 

Durable Goods better than expected.

Durable Ex Transportation better than expected.

Cap Goods Orders Non Defense Ex Aircraft better than expected.

Cap Goods Shipped Non Defense Ex Aircraft better than expected.

 

 

Economic Event	Period	Economic Survey	Actual Reported	Original Prior	Revised Prior
Durable Goods Orders	MAY	3.0%	3.6%	3.3%	3.6%
Durables Ex Transportation	MAY	0.0%	0.7%	1.3%	1.7%
Cap Goods Orders Non Def Ex Air	MAY	0.5%	1.1%	1.2%
Cap Goods Ship Non Def Ex Air	MAY	0.8%	1.7%	-1.5%	-2.0%

 

So, it’s like, better than expected.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us