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Although new home sales soared in April, the less volatile statistics are still uniformly grim.
For students of such volatile statistics, the widening trade gap provided new verification of a phenomenon called the J-curve.
Unfortunately, many economists distrust Japan's notoriously volatile statistics: they expect output to fall again in the current quarter.
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However, this is a market that is so volatile, these statistics can be misleading.
Despite the acute and widespread economic weakness implied by today's report, analysts cautioned that the durables data were some of the most volatile economic statistics and that they have correlated poorly in the past with gross national product.
Monthly figures can be notoriously volatile but the latest statistics also highlighted a more worrying fact: only 62.8% of the adult workforce participated in the jobs market in December, down 0.2 percentage points from the previous month.
Although exports were up $1 billion in December, to $80 billion, the gain came only because of a big jump in shipments of airliners, a notoriously volatile component of trade statistics.
The reality is likely a lot more murkier and volatile than the official statistics and pronouncements would indicate.
But these statistics are notoriously volatile.
The weekly jobless-claims statistics are notoriously volatile.
The central bank's credit statistics are often volatile and subject to revision.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com