Durable goods orders continue impressive strength, holding near record highs even with the drop in aircraft as Motor Vehicles/Parts and Mfg Machinery were revised higher.
The Light Weight Vehicle cycle at 16 million SAAR remains below prior growth periods in which 17.5-18 million SAAR was routine at far lower population levels.
Economic trends favor industrials and related issues.
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Durable goods orders continue impressive strength, holding near record highs even with the drop in aircraft as Motor Vehicles/Parts and Mfg Machinery were revised higher. Both Motor Vehicles/Parts and Mfg Machinery posted record highs as tariff policies