Chart of the Day: Punk Business Spending

This chart from IBD really captures the sluggishness in the U.S. economy.  Core capital goods order, a proxy for business investment spending, fell for the seventh straight month.

Apr26_CoreCapital Goods

(click here if chart is not observable)

Advertisements
This entry was posted in Economics and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s