Friday, October 25, 2013

It's The Economy Stupid: Durable & Cap Goods

I would like to say something profound about today’s economic numbers…

 

But I got nothing.  Lot’s of negatives.  That ain’t good.  I could give you all kinds of reasons, but the bottom line is positive numbers are good for Durable & Capital Goods orders, and negative numbers are bad.

 

Economic Event

Period

Economic Survey

Actual Reported

Original Prior

Revised Prior

Durable Goods Orders

Sep

2.30%

3.70%

0.10%

0.20%

Durables Ex Transportation

Sep

0.50%

-0.10%

-0.10%

-0.40%

Cap Goods Orders Nondef Ex Air

Sep

1.00%

-1.10%

1.50%

0.40%

Cap Goods Ship Nondef Ex Air

Sep

1.10%

-0.20%

1.30%

1.10%

 

When you’re looking for a “Plus 1”, and you get a “Minus 1”, ya ain’t right.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us

 

No comments:

Post a Comment