How is the US doing?, page-9

Poor data in the United States


This is graphed below, showing the year on year change in durable goods orders ex transportation, and you can see how weak it’s been for the past few years, with a declining trend.

You can see more charts on this subject here
Needless to say, if businesses in America were genuinely feeling more optimistic about sales and the potential for headline growth, they’d be more inclined to invest more in new machinery, goods and the like.
So far, the data suggests there is still a lot of nervousness out there, and a lack of confidence to invest heavily.

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