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Durable Goods New Orders Improved in June 2015. Rolling Averages Declined.
Monday, July 27, 2015 6:01
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Written by Steven Hansen
The headlines say the durable goods new orders improved. This series has been in a general downtrend since seen since November 2014. The three month rolling average is continuing to decline and is in contraction. Note that the headline “improvement” is on the back of a downwardly revised previous month data.
Source: http://econintersect.com/pages/releases/release.php?post=201507270748
