Pantheon Macroeconomics - The headline durable goods orders number for October, due today, likely will be depressed by falling aircraft orders, both civilian and military. Boeing reported orders for 55 civilian aircraft in September, compared to only three in August, but a hefty adverse swing in the seasonal factor will translate that into a small seasonally adjusted decline.

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27 October. 2016 Core Capex Orders Set for Third Straight Gain as Oil Hit Fades?

By Ian Shepherdson

The headline durable goods orders number for October, due today, likely will be depressed by falling aircraft orders, both civilian and military. Boeing reported orders for 55 civilian aircraft in September, compared to only three in August, but a hefty adverse swing in the seasonal factor will translate that into a small seasonally adjusted decline.

Posted: 26th Oct 2016 in 'U.S. Documents'

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