Durable Goods Surge On Aircraft Orders Spike, Ex-Air Shipments Tumble For 15th Straight Month

Tyler Durden's picture

Durable Goods Orders jumped 4.8% MoM in October, the highest since the October 2015 (start of government fiscal year) bounce last year, thanks to a yuuge in transportation orders (up 12.0%) which included a surge in orders for civilian aircraft (up 138.5%) and military aircraft new orders (up 33.1%). However, Core Capital Goods Shipments, i.e. true CapEx, has now declined 15 straight months year-over-year (the longest non-recesionary streak in history).

Lots of excitement that Durable Goods (ex transport) turned green year-over-year for the first time since Dec 2014.


But away from the unsustainable Boeing and Military orders...


And, Core Capital goods shipments continue to decline...

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LawsofPhysics's picture

So, everything is awesome again?

What's the trade?!?!

Tylers, how much longer to go on the bond rout before we need to buy that paper ahead of the next central bank accommodation?

Damn it guys, give us something we can trade and take the power back!!!

Hal n back's picture

I though American and united delayed deliveries and Boeing shut down two plants last month.

Cognitive Dissonance's picture

They did 'delay' the orders. But since the orders are still on the books, there is no negative for Boeing.



Tyler said "But away from the unsustainable Boeing and Military orders..."

Not true if Trump Makes America Great Again.

<Not sure if that is sarcasm or not.>

MFL5591's picture

Goverment prints paper and buys airoplanes and this is what they call organic growth!  F*ckinbg crazy shit!

jmack's picture

GC blasts thru 1200 on news event.

Squid Viscous's picture

think i just unleashed a NUGT in my pajamas

Squid Viscous's picture

great news for BAC and C, they both just ripped higher...?

wtf - fed hike was "baked in" according to the CNBS azzhats, right>

SomethingSomethingDarkSide's picture

Didn't Boeing just shutter two plants?  Dafuq?

Seasmoke's picture

The USD is going to the Sun !!! Better be careful.

papaswamp's picture

Get it in before rates go up....

bada boom's picture

Good numbers from the ministry of truth.

King Tut's picture
King Tut (not verified) Nov 23, 2016 9:10 AM

looks like I'll finally get to BTFD today!

whatamaroon's picture

Why is that green arrow in the first 'chart' so much bigger than what it's pointing to?

Vardaman's picture

Aircraft surge due to globalist order plans to fly "refugees" hither and yon at taxpayer expense?