Details of Economic Depression versus Recession, Recovery and Expansion

Amidst Signals of Renewed Downturn, the Broad Business Outlook
Continues for Non-Recovering Activity and Economic Disruption

Net of Inflation and Irregularly-Surging Commercial Aircraft Orders, the
Headline Gain of 1.7% in February Durable Goods Orders
Was a Monthly Contraction of 0.3% (-0.3%)

Freight Index Annual Growth Moved Higher for Third Straight Month,
Still Holding in a Pattern of Low-Level Stagnation

Suggestive of Continuing Financial-System Liquidity Stresses,
Rising Portions of Existing-Home Sales Were in Foreclosure and/or
Were All Cash Sales

Mixed Monthly Activity in February New- and Existing-Home Sales
Continued in the Context of Low-Level Non-Recovery