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Capital Goods Index

MNI US Capital Goods Weekly Index 70.8 Thru Aug 27 Vs 72.3

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index slipped back slightly in the Aug. 27 period to a 70.8 level that points to strong growth ahead for the industrial sector, according to the results of Market News International's weekly survey.

The sample isn't indicating acceleration in growth as the index has been higher in recent weeks. The four-week average, also at 70.8, is down two tenths in the week for its first decline in two months.

MNI US Capital Goods Weekly Index 72.3 Thru Aug 20 Vs 69.9

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index rose more than two points in the Aug. 20 period to a recovery best of 72.3, signaling acceleration for the industrial recovery, according to the results of Market News International's weekly survey released Monday.

The index's four-week average is at a recovery best of 71.0 with the 12-week average at a recovery best of 65.8.

MNI US Capital Goods Weekly Index 69.9 Thru Aug 13 Vs 70.2

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index is little changed in the Aug. 13 period at 69.9 to signal very strong and steady acceleration in the industrial sector, according to the results of Market News International's weekly survey.

Sales are at an unadjusted year-on-year +15.6% with currency effects skimming only 0.5% from export sales.

Last week's trade data showed a slip backwards in capital goods exports for June in what was a give back from a spike in May. Gains in new orders and gains in backlogs point

MNI US Capital Goods Weekly Index 70.2 Thru Aug 6 Vs 71.5

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index slipped slightly in the Aug. 6 period to a 70.2 level that signals very strong growth underway in the industrial sector, according to the results of Market News International's weekly survey released Monday.

Sales are at an unadjusted year-on-year +14.7%. Distribution is very deep with 59% of the period's 531-company sample posting sales gains of 10% or more vs. only 8% showing a similar decline.

Currency effects are holding down export sales by only 1.0%. Income is very strong at +37%.

MNI US Capital Goods Weekly Index 71.5 Thru July 30 Vs 67.9

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index rose more than 3-1/2 points in the July 30 period to 71.5 indicating robust year-on-year gains and pointing to rising month-to-month gains ahead, according to the results of Market News International's weekly survey.

Sales are at an unadjusted year-on-year +15.7%, the best rate of the recovery. Distribution is very deep with 61% of the sample posting gains of 10% or more. Currency effects are holding down export sales by only 1.0%.

Income is very strong

MNI US Capital Goods Weekly Index 67.9 Thru July 23 Vs 63.9

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index rose four points in the July 23 period to a 67.9 level that indicates strong year-on-year gains and points to strong month-on-month gains for related components in Wednesday's durables goods report, according to the results of Market News International's weekly survey.

MNI US Capital Goods Weekly Index 63.9 Thru July 16 Vs 60.0

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index rose nearly four points to 63.9 in the July 16 period to indicate no slowing in the sector's sharp acceleration, according to the results of Market News International's weekly survey.

The four-week average rose one tenth to 62.8 in confirmation of the strength while the 12-week average, up four tenths to 61.0, continues on its uninterrupted seven-month winning streak.

Sales are a year-on-year +12.0% with income at +34%. Sample size is 72 companies.

MNI US Capital Goods Weekly Index 60.0 Thru July 9 Vs 64.8

By Mark Pender

NEW YORK (MNI) - MNI's U.S. capital goods index fell back 4.8 points in the July 9 period to 60.0, reflecting a mild run of warnings ahead of the earnings season, according to the results of Market News International's weekly survey.

The four-week average, down seven tenths to 62.7, posts its first decline in six weeks. But the 12-week average, up one tenth to 60.6, extends an uninterrupted winning streak going all the way back to January.

Sales are a year-on-year +10.1% with income at +27%. Sample size is 70 companies.