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.

Source Data:
St. Louis Fed: Custom Chart
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2 comments:

Troy said...

http://research.stlouisfed.org/fred2/series/LNU00000060

Looks like a New Regime to me . . .

November 4, 2013 at 4:06 PM
Stagflationary Mark said...

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.

November 4, 2013 at 4:14 PM

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