Featured Blog Posts

Durable Goods Production Climbs to Second Highest Level Ever

Despite the last six months being revised lower, growth in durable goods production continued to accelerate.

Did Durable Goods Capacity Utilization Growth Peak in April?

That it did would fit with the trend in the backlog index from the Gardner Business Index.

Machine Tools: Dollar Orders Growing Faster than Unit Orders

Dollar orders have grown faster than unit orders for three straight months, pushing the average price of a machine to its highest level since January 2015.

March Cutting Tool Orders Highest Since April 2015

But, the rate of growth has started to slow in recent months.

Money Supply at Lowest Level Since January 2017

The money supply shifted from a positive to a negative indicator this month, but this change typically takes 18 to 24 months to affect capital equipment consumption.
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