tag:blogger.com,1999:blog-6616959642391988608.post6862979111288482809..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Capital spending remains strongScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-62271695671434045382011-02-24T11:38:38.970-08:002011-02-24T11:38:38.970-08:00I have always focused on the Capital Goods portion...I have always focused on the Capital Goods portion of Durable Goods. Durables include aircraft and defense-related spending, whereas capital goods does not. Aircraft orders are notoriously volatile, and defense orders are not necessarily indicative of private sector investment. <br /><br />But even Durable Goods orders are up 7% in the past year.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26174382355617831472011-02-24T11:26:04.721-08:002011-02-24T11:26:04.721-08:00Scott,
From your perspective, is the headline num...Scott,<br /><br />From your perspective, is the headline number, total change in all Durable Goods, irrelevant, good or bad?Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44943058999228759922011-02-24T10:49:44.027-08:002011-02-24T10:49:44.027-08:00Looks like a robust recovery here--and American co...Looks like a robust recovery here--and American companies have plenty of cash to spend on more capital improvements, which should lead to more increases in output per worker.<br /><br />The only potholes I see are these events we have nothing to do with--a Libya, some European debt problems, hurricanes etc. <br /><br />Yes, long-term I would like less debt in the USA, but I think mild inflation Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com