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It’s important to note that although the Federal Government's “cash-for-clunkers” policy breathed life into the vehicle components of the durable goods category, home appliances, furniture and carpeting continued its decline dropping 0.12% since June and 22.34% on a year-over-year basis.
Construction supply production has been showing the most severe contraction seen in at least the last 20 years with wood products falling 23.07% on a year-over-year basis.
Finally, HVAC (heating ventilation and air conditioning) appears to be firmly reflecting the substantial pullback in fixed commercial investment falling a stunning 22.57% on a year-over-year basis.
The following charts (click for larger) show the overall consumer durable component along with the Home Appliances, Furniture and Carpeting sub-component on both a time series and year-over-year basis, construction supply production with the wood products sub-component, and general and business related vehicle production all overlaid with the last two recessions for comparisons purposes.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKtE6t8lJOQPANpZ1TBAcnebolis2blU3nTKE0_EsiXHByB9RhHh52TF7yWXr27qHBFlSaSzQRgYohYjpxec0fKY931f0EuZ4CjkFKvnGo5SDh_A_Gm8VemALNmI82R9d_7ZdY/s400/ip0709durgoodsappliance.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1VgUkpyUHpSiI3M6RRdqzB1lnTj3FRSxpvNya1njkmDV5Ol-OEAG39OTzY325WB3e6Xq0ly-1KMA2w-C-sb1hCFmtCe90q8Eo6U9d1KsaEmSENyZSdXUVyKdrQRiJE81pxiIt/s400/ip0709durgoodsapplianceYOY.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsN3nSe05R_ljnHwE950RokEIpKPjDTZB-uBU4jZxLSnHkpsXlvi_DFzKzaafIXMumehvGF1fYq5IDck5iVdBNeT-Q-IfZ6F3ontcKThCLRCANgR2HHNdTAQ3fJh0BxZ_Xbbbw/s400/ip0709constsuppwood.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNV4juK_vUC8nrcsCl2Qwansa8KzmUXlp1NLy6Z5FQ8HtMxdzLyjoWTajNMY6LodIYhpNZuoslTxTDqjinIzSK0YbaR1nzJKaEU30133587R12irHVQhyVkZP2zhYNZZQYeYhk/s400/ip0709motorvehics.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrRnbiT14MVJgwHN-ejPuBK4Y3BESCXZ0RnDqsHv-y19F50EWhxvWgzY4YzspxWPJWAWd4zgyr7nB2rc0rxYSxQFBOJA__x8JZst6in4QxoDibGt-JBQZSCRhzQnNi9Sfdu_pe/s400/ip0709HVAC.jpg)