Durable Goods New Orders – Long-Term Charts Through September 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 September, last updated on October 25.  This value is 218,238 ($ 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 October 26 titled “Durable Goods Orders Partially Recover From Last Month’s Major Dip” 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 1412.97 as this post is written