The following chart shows real manufacturers' nondefense capital goods (excluding aircraft) new orders per capita (September 2013 dollars).
Click to enlarge.
It is accelerating almost exactly like a baseball would after it has been hit up into the air. Pardon my language, but gravity's a bitch.
Source Data:
St. Louis Fed: Custom Chart
Real Estate Newsletter Articles this Week: Housing Starts Increased to
1.360 million Annual Rate in April
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At the Calculated Risk Real Estate Newsletter this week:
[image: Multi Housing Starts and Single Family Housing Starts]*Click on
graph for larger image.*
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9 hours ago
2 comments:
http://research.stlouisfed.org/fred2/series/LNU00000060
Looks like a New Regime to me . . .
Troy,
Here's your chart showing growth and comparing that to 10-year treasury yields.
Check this out.
I bet we could fine tune it by factoring in the future employment potential of the 25-54 population. That one's open for debate of course.
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