Durable goods orders: more deceleration, still no recession  – by New Deal democrat I normally don’t pay too much attention to durable goods orders. That’s because they are very noisy….

…last report, consumer durable goods orders were dead in the water, down -0.1% YoY. By contrast, headline durable goods orders were up 7.6% YoY, and core capital goods orders up…

…consumer non-durable goods grew at a 14.4% rate after an increase in consumer spending for non-durable goods at a 23.5% rate was adjusted for an average jump in non-durable prices…

Durable goods orders come in mixed; leaving only employment indicators as short term positives for the economy  – by New Deal democrat Manufacturers’ durable goods orders, and in particular “core”…

…durable goods picture, manufacturers’ new orders for durable goods increased in 2024 and have trended generally flat so far this year. Real purchases of durable goods appear to have trended…

Personal spending shows consumers OK; durable goods shows producers still struggling This morning’s reports on personal income and spending continue to show a consumer that is doing alright. Meanwhile durable…

…spending on durable goods grew at a 10.9% rate in current dollars while prices of those durable goods were on average 6.5% higher, and as a result the BEA found…

…for more than 60% of the quarter’s growth in durable goods . . . on the other hand, real consumption of nondurable goods by individuals shrunk at a 3.7% annual…

…percent in nondurable goods. Work in process decreased 0.4 percent in durable goods and increased 1.4 percent in nondurable goods. Finished goods decreased 0.5 percent in durable goods and 0.9…

…goods prices we observe is mostly due to competitive pricing decisions for domestic goods in the same categories as affected imported goods. The fact that domestic goods in unaffected categories…