http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/ Our beat: The stock market. Our job: Beat it. Fri, 25 Jul 2008 08:15:01 +0000 http://wordpress.org/?v=2.2.1 http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2401 Stock Market Beat » Blog Archive » The GDP Constant? Wed, 06 Sep 2006 20:26:38 +0000 http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2401 [...] However, our readers well know that we are suspicious of all the adjustments made (for seasonality and other factors) when presenting the report.  We recently reported on the stability of GDP when one simply compares this year’s output to last year’s with no adjustment. To reiterate: The red bars show the year/year growth in GDP, which has been much smoother than those erratic numbers we get by seasonally adjusting quarterly data and then annualizing it (anyone else think the seasonal adjustments must be a little fishy?) The blue line is business spending on tech equipment and software, which is really starting to look tired. [...] […] However, our readers well know that we are suspicious of all the adjustments made (for seasonality and other factors) when presenting the report.  We recently reported on the stability of GDP when one simply compares this year’s output to last year’s with no adjustment. To reiterate: The red bars show the year/year growth in GDP, which has been much smoother than those erratic numbers we get by seasonally adjusting quarterly data and then annualizing it (anyone else think the seasonal adjustments must be a little fishy?) The blue line is business spending on tech equipment and software, which is really starting to look tired. […]

]]> http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2123 Stock Market Beat » Blog Archive » Business Spending Not Picking Up Housing Slack Thu, 31 Aug 2006 01:08:24 +0000 http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2123 [...] Business Spending Not Picking Up Housing Slack We posted earlier about the housing slowdown, now dramatically apparent in the GDP numbers. We posted a while ago about how business spending (20 percent of GDP) would have a hard time making up for a consumer (60 percent of GDP) slowdown, but noted last week that the orders and sales for durable goods were stronger than the headline suggested. [...] […] Business Spending Not Picking Up Housing Slack We posted earlier about the housing slowdown, now dramatically apparent in the GDP numbers. We posted a while ago about how business spending (20 percent of GDP) would have a hard time making up for a consumer (60 percent of GDP) slowdown, but noted last week that the orders and sales for durable goods were stronger than the headline suggested. […]

]]> http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2122 Stock Market Beat » Blog Archive » Carnival de los Carnivales Thu, 31 Aug 2006 01:08:04 +0000 http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2122 [...] Waddle over to Lil Duck Duck for the Carnival of the Vanities, which told the world how misleading last week’s Durable Goods report was. [...] […] Waddle over to Lil Duck Duck for the Carnival of the Vanities, which told the world how misleading last week’s Durable Goods report was. […]

]]> http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2082 Carnival of the Vanities #206-- Lil Duck Duck Wed, 30 Aug 2006 05:56:17 +0000 http://stockmarketbeat.com/blog1/2006/08/24/talk-about-a-misleading-headline-durable-goods-orders/#comment-2082 [...] Trent of Stock Market Beat had an economic lesson about Durable Goods Orders for them, while Paul of Workplace Prof Blog taught them about regulations in his post about New Jersey’s big box health care disclosure bill. [...] […] Trent of Stock Market Beat had an economic lesson about Durable Goods Orders for them, while Paul of Workplace Prof Blog taught them about regulations in his post about New Jersey’s big box health care disclosure bill. […]

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