Free Markets, Free People

Economic Statistics for 25 Oct 13

Durable goods order rose 3.7% in September—all of it on aircraft orders. Ex-transportation orders fell -0.1%.  On a year-over-year basis, orders are up 7.4% overall, and up 5.6% ex-transportation.

The Reuter’s/University of Michigan’s consumer sentiment index slipped -2 points in the final October reading to 73.2.

Wholesale inventories rose 0.5% in August, while sales rose 0.6%. The wholesale stock-to-sales ratio was unchanged at 1.17.

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