Report

Data Round-Up: Despite Sluggish Sept., Real Equipment Up +12% in 14Q3

posted by Michael Lewis on October 28, 2014

Found in US, categorized in Growth Outlook and Business Cycle

Tags: durable goods order home price FMI michael lewis

Report Cover

Headline

Even with sluggish September results, real equipment spending likely grew +12% annualized in 14Q3. Sizeable and growing core (non-defense capital goods ex-aircraft) order backlogs bode well.

Abstract

FMI’s analyses of today’s September Durable Goods Orders report and August Home Prices data. 

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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