– by New Deal democrat Later this morning I’ll discuss yesterday’s positive durable goods orders release, and in that context, I’ll also have more to say about the likely reason…

…. . .“ Spending on durable goods, motor vehicle sales for December, and manufacturers’ new orders for consumer goods have all declined. Every single item on Leamer’s leading checklist has…

…is also apparent in the graph of durable goods orders (blue) and core capital goods orders (red) over the same time period: The front-loading of orders before “Liberation Day” last…

…at very least that we should not expect any disinflation in consumer prices with the likely exception of shelter. Secondly, the final version of durable and capital goods orders for…

…procedural control will inevitably produce distorted outcomes. Over time, those distortions accumulate—eroding public trust, weakening oversight, and making durable solutions nearly impossible. Shared Legislative Power is the minimal correction required…

…capital goods orders, but negative total durable goods orders. Nominally personal spending was sharply higher, but barely positive in real terms. Personal income was negative nominally, and sharply negative in…

…barriers those foreign capitals put on U.S. goods. The Supreme Court in February struck down those and other duties the White House imposed under a 1977 emergency law. But the…

…a durable resolution. Here’s GS on that point: We find Gulf production is likely to mostly recover within a few months of reopening assuming 1) no renewed strikes on oil…

…Unlike communism in the USSR and China, communism in Cuba has proven durable. Decades of US trade sanctions, subversion and assassination plots failed to dislodge the grip of the Castro…

…and wear, it is widely used as a durable metal replacement in automotive engine parts, electrical connectors, industrial machinery, and heavy-duty consumer goods. Both are used in automotive. If you…