Yearly changes in orders for durable goods
as compiled by the Commerce Department:
Over the past few years, the major indicators used by the nation's retailers to gauge the strength of consumer spending on durable goods
have become increasingly unreliable, according to Dr.
Not only has the incidence rate remained under five per 100 workers, it is substantially under the levels for manufacturers as a whole and all durable good
The only substantial increases in durable goods
production were in computer and office equipment and in instruments; small increases occurred in the output of furniture and of stone, clay, and glass products.
The output of other durable consumer goods declined noticeably for the third consecutive month, putting it more than 4 percent below its June level and more than 1 percent below its year-ago level; the weakness in September was concentrated in household furniture, refrigerators, and miscellaneous durable goods
And, given yesterday's announcement by Thomas Register(R) that they will discontinue print directories and catalogs, the floodgates have opened for the Internet to become the definitive selling platform for durable goods
3 percent increase in factory output reflected gains both in durable goods
and in nondurable goods.
The strength was evident in durable goods
materials, particularly semiconductors, computer parts, miscellaneous plastics materials, and parts used to make motor vehicles.
Despite an increase in the production of appliances, the output of consumer durable goods
other than automotive products decreased 0.
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and heavy equipment manufacturing companies.
The output of the durable goods
component dropped 2.
Service industries represent the largest economic sector, followed by finance, insurance, real estate and durable goods