Durable goods decline....
Today's durable good numbers were not good at all. Consumers are not purchasing durable products (such as TV's, freezers, airplanes...things that will last a long time) at a rate that they have been for the last couple of years. One can see that the rate of Durable Good sales has been stagnate, while durable good inventories are catching up to demand.

Seems as if consumers are being more cautious as to what they spend. This could be due to the fact that people are paying more at the pump. As I pulled up to the gas station the other day, I noticed the meter on the pump was $75.00 for the last sale that happened before I pulled up. Who is paying for these prices and tell me how that is not affecting discretionary spending across the board.  ¶ 8:43:00 AM