Mar. Durable Goods: -4.2% vs. -1.5% expected, +1.9% (revised) prior. Ex-transport -1.1% vs....

Mar. Durable Goods: -4.2% vs. -1.5% expected, +1.9% (revised) prior. Ex-transport -1.1% vs. +0.4% expected, +1.9% (revised) prior.
Comments (8)
  • jwbrewer
    , contributor
    Comments (317) | Send Message
    Well this was quite...what's the word I am looking for? Unexpected.
    25 Apr 2012, 08:33 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
    BBRO would say...what recession..this is great news...
    25 Apr 2012, 08:44 AM Reply Like
  • jwbrewer
    , contributor
    Comments (317) | Send Message
    But first, he will back it up with some outdated (very outdated) Keynesian economic models; you know, the same economic modelling that predicted the success of the trillion dollar shovel ready jobs stimulus. QE3 here we come.
    25 Apr 2012, 08:48 AM Reply Like
  • bbro
    , contributor
    Comments (11219) | Send Message
    My analysis says...
    25 Apr 2012, 09:54 AM Reply Like
  • Graybeard44
    , contributor
    Comments (196) | Send Message
    Auto sales -- up
    Caterpillar sales -- up
    GE (Industrial sales) --up
    Honeywell sales -- up
    Boeing sales -- up
    Harley-Davidson sales -- up


    Durable Goods shipments -- Down


    What am I missing here ????
    25 Apr 2012, 08:49 AM Reply Like
  • schatzl
    , contributor
    Comments (391) | Send Message
    Inventory build up? Also those company sales numbers are over a year. This is a monthly change.
    25 Apr 2012, 09:03 AM Reply Like
  • jwbrewer
    , contributor
    Comments (317) | Send Message
    Very simple.. set aside these are international companies with plants elsewhere in the world..any sale that delievered on today was a new order in the past not a new order today. For FASB purposes only when certain conditions are met can a company book it to revenue.
    25 Apr 2012, 09:04 AM Reply Like
  • The Last Boomer
    , contributor
    Comments (1051) | Send Message
    Yeah. I never believed the ECRI recession forecast but I always thought they were onto something here. It looks like we are slowing down in the US. I was giddy in December buying stocks left and right. I am much more cautious now. This is a soft spot and I feel that there will be some good opportunities in the coming 2-3 months to buys stocks on the cheap again.
    25 Apr 2012, 10:23 AM Reply Like
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