Report
Data Round-Up: Real Equipment Spending Headed for +6% Gain in 17Q1
posted by Michael Lewis on March 24, 2017
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Headline
A mixed report – the headline gain exceeded expectations, but key ‘core’ non-defense capital goods ex aircraft orders were soft. Still, with shipments improving, real equipment spending should manage +6% annualized growth in 17Q1
Abstract
FMI’s analysis of today’s February Durable Goods Orders report.
About 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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