War-Spending Sparks Durable Goods Orders Rebound In February

War-Spending Sparks Durable Goods Orders Rebound In February

Profile picture for user Tyler Durden

Following January’s disappointing plunge (-3.6% MoM), expectations were for a 1.6% rebound in durable goods orders, but the print surprised to the upside, jumping 3.1% MoM. The ‘ex’ data also doubled expectations in the preliminary Feb release.

The volatility continues in durable goods orders…


But notably, YoY was flat at +9.1%…


And the big driver of February’s rebound – simple, war!

Defense Aircraft and parts orders: +37.7% MoM

And Defense Capital Goods new orders: +16.5% MoM )

War.. is peace?


TLB published this article from ZeroHedge with our thanks to Tyler Durden for the analysis.


The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our main websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … TLB


 Follow TLB on Twitter @thetlbproject

Be the first to comment

Leave a Reply

Your email address will not be published.