The Big Crunch
…and marketing of consumer goods; reducing consumption would be an effective way of reducing the emission of greenhouse gasses. Producing goods that last longer reduces the need to consume. Buying…
…and marketing of consumer goods; reducing consumption would be an effective way of reducing the emission of greenhouse gasses. Producing goods that last longer reduces the need to consume. Buying…
…during the severe Great Recession. And since real spending on goods is much more volatile, if it is decelerating to a lower level than that on goods, it is a…
…March. Further, “core” durable goods orders remain at 10 year highs excluding January, and overall durable goods orders are only behind 2 months in that period. 3. Coronavirus cases are…
…goods (red, measured YoY for ease of comparison, left scale): As a general rule, if real spending on durable goods turns negative YoY for more than an isolated month, a…
…goods orders (leading indicators!) both made new all-time highs, at least in nominal terms: But the consumer side showed declines for both durable and non-durable goods. Here’s the long-term view,…
…to 100, which means September’s real PCE goods would be equal to 99.5, (ie, 100-0.5%), that August’s PCE goods would be equal to 99.1 (99.5-0.4%), and that July’s PCE goods…
…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…
…information about products’ energy use. Label is voluntary, and Congress ordered it The Energy Star label is voluntary for products that meet certain efficiency levels, and differs from Department of…
…goods spending have been somewhat of a mirror image of gas prices, which peaked in June 2022. Real durable goods spending tends to turn before non-durable goods spending. The former…
…October and November. On that score, manufacturers new durable goods orders for October were reported this morning. The headline number increased 0.5%, but the core capital goods number declined -2.2%:…