Monday, June 17, 2013
May Production Hits Record Level but Growth Rate Slows
The durable goods production index has set a record high for that month every month in 2013. Despite the record production levels, this was the slowest month-over-month growth rate since December 2009.
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Monday, June 17, 2013
Machine Tool Contraction Accelerates
Unit sales in April 2013 were 11.9% less than they were in April 2012. This is the fourth time in five months that the month-over-month rate of change for units has contracted.
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Monday, June 17, 2013
Real Capital Goods Orders Grow for First Time in 2013
Real capital goods new orders in April 2013 were up 3.1% compared to April 2012. This is the first month-over-month increase in 2013 and only the third month-over-month increase since August 2012.
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Wednesday, May 29, 2013
May GBI 49.9 - Durable Goods Manufacturing Flat
For the first five months of 2013, business activity in durable goods has been essentially flat. Every industry segment except automotive, metalcutting job shops, and primary metals expanded in May.
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Friday, May 24, 2013
Housing Permits Reach Highest Level Since June 2008
Housing permits grew at a rate of 44.8% compared to last April. The is the fastest rate of month-over-month growth since October 2012 and the second fastest rate of month-over-month growth since September 1983.
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