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
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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.