Courtesy of Mish.
Durable goods orders as reported by the Census Bureau were a scorcher today, but figures were heavily skewed by nondefense aircraft orders up over 94%.
In turn this caused the transportation index to jump 12 percent, and nondefense capital goods orders to jump an also amazing 14.5%.
Excluding transportation, new orders were up 1%. Excluding defense, new orders were up 5.2%. Click on any of the following charts for a better view.
Durable Goods New Orders, Month-Over-Month
Durable Goods Shipments and New Orders
Transportation Shipments and New Orders
