The growth rate in core factory orders is pinned at stall speed.
I don't think the velocity of the slowdown from the early 2018 peak is well appreciated. pic.twitter.com/pXWSUw5dYK
— Eric Basmajian (@EPBResearch) December 5, 2019
Core durable goods new orders have slowed from 10% to 0% growth.
Still no signs of the economic "air pocket" many bears want but also no signs of a robust, widespread recovery into Q1 2020 for the US. pic.twitter.com/4IvMM3PRZS
— Eric Basmajian (@EPBResearch) December 5, 2019
Just a glitch, eh? https://t.co/jgc7Z9Wme3
— Samantha LaDuc (@SamanthaLaDuc) December 5, 2019
As well as the drawdown in manufacturing hours. https://t.co/Mk2yX0sbnD
— Teddy Vallee (@TeddyVallee) December 4, 2019