Durable Goods New Orders and Shipments

Compare durable goods new orders with capital goods new orders excluding aircraft. The latter is known as core capital goods because it is a measure of actual business investment.

Despite sentiment numbers that are through the roof, businesses are not putting their money where their sentiment is. I asked a friend connected to the industry his take. I also asked about order cancellations. Here is his reply.

Hi Mish

This is drip by drip.