Posted on 03/28/2025 10:22:16 PM PDT by SoConPubbie
New data shows durable goods orders have risen for a second straight month, drastically beating expectations. The increase in demand, combined with the resilient job market and rising wages, suggests the corporate media narrative playing up fears of a recession is likely influencing negative consumer surveys and polling more than economic reality.
Durable goods orders were up 0.9 percent in February, beating expectations of a one percent decline. The increase was predominantly fueled by a surge in demand for industrial equipment and consumer goods like computers, appliances, and automobiles. Excluding transportation equipment, durable goods orders were up 0.7 percent, suggesting broad-based industrial strength continues.>
Notably, computer and appliance demand was up 1.1 percent and two percent, respectively. Meanwhile, machinery demand was up 0.2 percent, and automobile demand was up a stunning four percent. With January’s data revised to a 3.3 percent increase, this suggests that overall, the U.S. manufacturing rebound is far stronger than indicated by consumer confidence surveys and business expectations surveys.
The new data should allay growing concerns over a potential recession. Economic downturns typically do not occur when demand surges and the job market remains robust.
Additionally, the durable goods data indicates the Trump White House’s trade tariffs are not depressing consumer demand overall. While the reciprocal tariffs will take effect next week, markets have predominantly priced in the increased costs, which appear to have had negligible impact on purchasing.
Heeeere we goooo! I knew this news wasnt far off. July and October earnings reports are going to be off the charts!!!
Other than continued existence, I didn’t buy nuttin’, honey.
An increase in sales of durable goods can also be the result of an expectation of inflation. If you think there is going to be a general increase in prices, it makes sense to accelerate purchases of long-lasting assets like durable goods.
Buy furrin’ stuff in advance of Tariffs.
Just under ten weeks.
Right now alot of people are spending their “tax returns” and are buying and spending without restraint. There has been a surge at the Post Office of packages from Amazon and other retailers on line. Happens every year and is growing year to year. There is a economic surge every year between February and May. I don’t know about high dollar items, but my Post Office has seen a surge in packages since February. My two cents worth.
I want to buy some new appliances but want to buy American. Hope I still need the by the time the factories are up and running.
I bought four 2 cubic bags of siol for my new raise bed planters. A bigger chicken run, and 8 chicks, 4 are mixed runs, 4 straight. The first 4 straight runs are about reader to leave the brooder, mixed are 2 weeks old.
Is a socp dagger/rescue tool considered “hard goods?
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