Report

Data Round-Up: Real Equipment Headed for +7.5% Gain in 17Q3

posted by Ying Zhan on September 27, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis durable goods orders report

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Headline

With ‘core’ orders & shipments posting back-to-back healthy gains in July & August, FMI is tracking +7.5% real equipment spending growth in 17Q3, somewhat better than the 2017-H1 average. Hurricanes likely have minimal, if that, impact on the sector.

Abstract

FMI’s analysis of today’s August Durable Goods Orders report.