Durable Goods Report: June Rebound Beats Forecasts [Dow Jones Industrial Average 2 Minute]

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The next chart shows the percent change in Core Durable Goods (which excludes transportation) overlaid on the headline number since the turn of the century. This overlay helps us see substantial volatility of the transportation component.

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Here is a similar overlay, this time excluding Defense as well as Transportation (an even more “core” number).

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