Report
Data Round-Up: Real Equipment Spending Headed for +6% Gain in 18Q4
posted by Michael Lewis on November 21, 2018
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Headline
As expected, payback in transportation & defense orders held down the headline durable goods number. The overall tone of the report was decent. Real equipment spending is likely headed for about +6.5% annualized growth in 18Q4.
Abstract
FMI’s analyses of today’s October Durable Goods Orders and October Existing Home Sales reports, as well as our review of the latest Weekly UI Claims data