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Click to enlarge.
Green trend lines represent growth.
Yellow trend lines represent stagnation.
Red trend lines represent "soft patches."
What's the worst that could "unexpectedly" happen again?
January 28, 2014
Durable goods orders unexpectedly plunge in December
(Reuters) - Orders for long-lasting U.S. manufactured goods unexpectedly fell in December as did a gauge of planned business spending on capital goods, which could cast a shadow on an otherwise bright economic outlook.
Source Data:
St. Louis Fed: Custom Chart
3 comments:
Wow - so the "recoveries" are like the troughs of the previous recessions.
CP,
You make it sound like that's a bad thing.
(And people wonder why I'm a permabear? ;))
In all seriousness, that's a great observation.
You've managed to make an ugly chart look even uglier.
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