Courtesy of Mish.
I received an Email from a long time “Minyanville” associate who writes under the pen name of “Mr. Practical”.
He emailed an interesting set of charts on durable goods as originally reported by the Census Department vs. revised numbers from the Census Department.
Durable Goods Ex-Transportation New vs. Revised
Core Capital Goods New vs. Revised
The above charts courtesy of ZeroHedge US Government Quietly Cuts Historical Capex Data By Billions Of Dollars
Here’s another pair of charts to consider.




