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[unable to retrieve full-text content]New orders for durable goods (not including transportation orders) were up 1% year-over-year in February. That is less than the (revised) 4.4% growth in January, but as with all comparisons of February 2017 to February 2016 there will be some uncertainty surrounding the comparison to the leap year version.
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Jeffrey P. Snider considers the following as important: Business cycle, capital goods, China, consumer spending, currencies, depression, Dollar, durable goods, economy, EuroDollar, eurodollar standard, Featured, Federal Reserve/Monetary Policy, industrial production, manufacturing recession, Markets, Monetary Policy, newsletter, QE, Recession, The United States, trade, ZIRP
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[unable to retrieve full-text content][unable to retrieve full-text content]New orders for durable goods (not including transportation orders) were up 1% year-over-year in February. That is less than the (revised) 4.4% growth in January, but as with all comparisons of February 2017 to February 2016 there will be some uncertainty surrounding the comparison to the leap year version.
Topics:
Jeffrey P. Snider considers the following as important: Business cycle, capital goods, China, consumer spending, currencies, depression, Dollar, durable goods, economy, EuroDollar, eurodollar standard, Featured, Federal Reserve/Monetary Policy, industrial production, manufacturing recession, Markets, Monetary Policy, newsletter, QE, Recession, The United States, trade, ZIRP
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New orders for durable goods (not including transportation orders) were up 1% year-over-year in February. That is less than the (revised) 4.4% growth in January, but as with all comparisons of February 2017 to February 2016 there will be some uncertainty surrounding the comparison to the leap year version.