Tuesday, December 6, 2016
Core Cap Ex October 2016
These charts show that the economy is sluggish. From a year ago, below, orders are less by 4.2%. and have been contracting for a long time.
Thanks to Boeing and the military, overall it looks better.
But the consumer is either not buying goods from the US, which he isn't, or he is saving money and just not buying, which is also true. Savings would not increase so much if savers got more interest income on their savings. And there should be an environmental and wage equity tariff on imports.