Durable Goods New Orders – Long-Term Charts Through June 2012

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.

For reference, here are a few charts depicting this measure.

First, from the St. Louis Fed site (FRED), a chart through June, last updated on July 26.  This value is 221,626 ($ Millions) :

(click on charts to enlarge images)

Here is the chart depicting this measure on a Percentage Change from a Year Ago basis:

Lastly, a chart from Doug Short’s post of July 26 titled “Durable Goods Orders Up 1.6%, Above Expectations; But ex Transportation and Defense, Down 4.6%” showing the Durable Goods New Orders vs. the S&P500′s monthly average of daily closes:


The Special Note summarizes my overall thoughts about our economic situation

SPX at 1360.02 as this post is written