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
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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