I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Monday, November 4, 2013
The Economy Is Accelerating
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.
http://research.stlouisfed.org/fred2/series/LNU00000060
ReplyDeleteLooks like a New Regime to me . . .
Troy,
ReplyDeleteHere'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.