Durable-Goods Orders Fall – WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"March orders for nondefense capital goods excluding aircraft, which economists consider a proxy for business investment, fell 0.8%. The weakness extended to a host of categories, including machinery, computers and primary metals. Economists cautioned that special factors likely made the report appear somewhat worse than the underlying trend. First, the December expiration of a government … <\/p>\n
Continue reading “Durable-Goods Orders Fall – WSJ.com”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[],"class_list":["post-4201","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions"],"yoast_head":"\nDurable-Goods Orders Fall - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Durable-Goods Orders Fall - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"March orders for nondefense capital goods excluding aircraft, which economists consider a proxy for business investment, fell 0.8%. The weakness extended to a host of categories, including machinery, computers and primary metals. Economists cautioned that special factors likely made the report appear somewhat worse than the underlying trend. 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And bookings for nondefense capital goods excluding aircraft \u2014 a measure of future business spending on equipment \u2014 dropped 4.5%. Although the declines were larger than expected, they shouldn\u2019t raise alarm bells. That\u2019s because much of the weakness traces to special\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25510,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/04\/28\/manufacturing-l-shaped-recovery\/","url_meta":{"origin":4201,"position":1},"title":"Manufacturing L-shaped recovery","author":"Colin Twiggs","date":"April 28, 2021","format":false,"excerpt":"March durable goods production came in at close to the 2019 high. The index at 120.8 is a similar level to the years preceding the 2008 global financial crisis (GFC). [Annual percentage growth results look spectacular but that is only because of the sharp fall in March 2020.] But construction\u2026","rel":"","context":"In "Deficit Spending & Employment"","block_context":{"text":"Deficit Spending & Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29407,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/11\/27\/capital-goods-orders-rise\/","url_meta":{"origin":4201,"position":2},"title":"Capital goods orders rise","author":"Colin Twiggs","date":"November 27, 2021","format":false,"excerpt":"Manufacturers' new orders for capital goods climbed to $78.6 billion in October, making steady progress since breaking through the $70 billion ceiling one year ago. But the plight of the manufacturing sector is best illustrated by plotting new capital goods orders against GDP (purple above). The ratio has more than\u2026","rel":"","context":"In "Investment & Infrastructure"","block_context":{"text":"Investment & Infrastructure","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/investment-infrastructure\/"},"img":{"alt_text":"New Orders: Capital Goods Excluding Aircraft","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-neworders-capitalgoodsxaircraft.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-neworders-capitalgoodsxaircraft.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-neworders-capitalgoodsxaircraft.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-neworders-capitalgoodsxaircraft.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":14917,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/03\/03\/us-why-the-enthusiasm\/","url_meta":{"origin":4201,"position":3},"title":"US: Why the enthusiasm?","author":"ColinTwiggs","date":"March 3, 2017","format":false,"excerpt":"Retail sales are surging, with Retail & Food (ex-Motor Vehicles) growing above 5% a year for the first time since 2012. Light vehicles sales are back at their 2000-2006 norm of 17.5 million units a year, reflecting consumer confidence. Housing remains soft but growth in new starts and building permits\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3353,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/26\/business-sector-is-more-open-for-business-real-time-economics-wsj\/","url_meta":{"origin":4201,"position":4},"title":"Business Sector Is More Open for Business – Real Time Economics – WSJ","author":"ColinTwiggs","date":"January 26, 2012","format":false,"excerpt":"The business investment momentum is continuing into 2012. New orders for nondefense capital goods excluding aircraft\u2013a proxy for future business spending\u2013increased 2.9% in December, reversing the two previous monthly drops. The backlog of unfilled orders is also on the rise. Fulfilling that pent-up demand means more industrial production in 2012.\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15597,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/07\/14\/us-retail-light-vehicle-sales-slow\/","url_meta":{"origin":4201,"position":5},"title":"US Retail & Light Vehicle Sales slow","author":"ColinTwiggs","date":"July 14, 2017","format":false,"excerpt":"Retail sales growth (excluding motor vehicles and parts) slowed to 2.4% over the 12 months to June 2017. Source: St Louis Fed & US Bureau of the Census Seasonally adjusted light vehicle sales are also slowing. Source: St Louis Fed & BEA Seasonally adjusted private housing starts and new building\u2026","rel":"","context":"In "Deficit Spending & Employment"","block_context":{"text":"Deficit Spending & Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4201"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4201\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}