April 6, 2022 – Boyd Watterson

Real durable goods orders are slowing alongside real incomes, which is causing inventory levels to rise in-line with a traditional business cycle slowdown.

April 6, 2022Rank Dawson, CFA, FDPWeekly Market Minute

Consumer spending, especially durable goods, spiked from the second quarter of 2020 to the second quarter of 2021. This was aided by a combination of increased incomes via fiscal policy and a lack of an ability to engage in services activities because of COVID. While incomes have started to come down (especially on a real...

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Real durable goods orders are slowing alongside real incomes, which is causing inventory levels to rise in-line with a traditional business cycle slowdown.