US Durable Goods Orders m/m
It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
This data is usually revised via the Factory Orders report released about a week later. Durable goods are defined as hard products having a life expectancy of more than 3 years, such as automobiles, computers, appliances, and airplanes;
- US Durable Goods Orders m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 27, 2024 | 0.1% | -0.5% | 0.6% |
May 24, 2024 | 0.7% | -0.9% | 0.9% |
Apr 24, 2024 | 2.6% | 2.5% | 1.3% |
Mar 26, 2024 | 1.4% | 1.2% | -6.2% |
Feb 27, 2024 | -6.1% | -4.9% | -0.3% |
Jan 25, 2024 | 0.0% | 1.2% | 5.5% |
Dec 22, 2023 | 5.4% | 2.4% | -5.1% |
Nov 22, 2023 | -5.4% | -3.2% | 4.6% |
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- US Durable Goods Orders m/m News
- From morningstar.com|Jun 27, 2024
Orders for durable goods such as autos and computers barely rose in May and underscored the ongoing weakness in the industrial side of the U.S. economy. New orders inched up 0.1% in May, the government said Thursday. Economists polled by The Wall Street Journal had forecast a 1.0% drop in durable-goods orders last month. Although the May report was better than expected, the increase in orders in April was revised down to 0.2% from 0.6%. If transportation is set aside, new orders for manufactured goods fell 0.1% in May. Big picture: ...
- From forexlive.com|May 24, 2024|9 comments
US durable goods orders for April • Prior month +0.9% • Durable goods orders for April 0.7% versus -0.8% expected. Prior month 0.8% • Ex-transport +0.4% versus 0.1% expected. Last month 0.0%. • Ex-defense MoM was 0.0% vs 1.2% last month • Nondefense Cap Ex-air 0.3% vs 0.1% expected. Last month -0.2%. • Shipments were up 0.4%. The gain in durable goods orders was the third consecutive monthly increase. Transportation equipment – also up three consecutive months, led the increase with a 1.2% gain for the month. Of note is that this ...
- From forexlive.com|Apr 24, 2024
Durable goods orders for the month of March 2024 • Prior month 1.3% (revised). Revised even lower to 0.7% • nondefense capital goods orders ex air 0.2% vs 0.2% expected. • Prior nondefense capital goods orders ex-air 0.7% revised to 0.4% • Ex transportation 0.2% versus 0.3% expected. Prior month revised to 0.1% from 0.3% • Ex-Defense 2.3% versus 1.5% (revised from 2.1%). Shipments • Shipments of manufactured durable goods in March decreased slightly by $0.1 billion, remaining virtually unchanged at $282.4 billion. • This minor ...
- From think.ing.com|Mar 26, 2024
Durable goods orders are a good lead indicator for broader capex spending in the US. Unfortunately, ongoing weakness here suggests investment spending will remain a constraint on overall growth with the US’ 2024 economic prospects being determined by the consumer. Investment has lagged behind other parts of the economy The US economy beat expectations throughout 2023, thanks primarily to the strength of consumer and government spending growth while net trade also made a positive contribution. The main disappointment was business ...
- From forexlive.com|Mar 26, 2024
Durable goods orders for the month of February 2024 • Prior was -6.2% (revised to -6.9%) • Non-defense capital goods orders ex-air +0.7% vs +0.1% expected • Prior non-defense capital goods orders ex-air+0.0% (revised to -0.4%) • Ex transport +0.5% vs +0.4% expected • Ex defense +2.2% vs -7.9% prior • Shipments +1.2% vs -0.8% prior • Full report • This is a solid reading, though the revisions take a bit of a shine off the report.US durable goods orders up 1.4% in February The number of durable goods orders in the United ...
- From finance.yahoo.com|Feb 27, 2024
Orders for long-lasting U.S. manufactured goods fell by the most in nearly four years in January amid a sharp drop in bookings for commercial aircraft, while the outlook for business investment on equipment was mixed. The report from the Commerce Department on Tuesday added to a series of data this month, including retail sales, housing starts and manufacturing production in suggesting the economy lost momentum at the start of the year. Some of the weak readings have been blamed on freezing temperatures last month as well as ...
- From fxstreet.com|Feb 27, 2024|3 comments
Durable Goods Orders in the United States declined by 6.1%, or $18 billion, to $276.7 billion in January, the Census Bureau reported on Tuesday. This reading followed the 0.3% decrease recorded in December and came in worse than the market expectation for a contraction of 4.5%. "Excluding transportation, new orders decreased 0.3%," the publication read. "Excluding defense, new orders decreased 7.3%. Transportation equipment, also down three of the last four months, led the decrease, $17.4 billion, or 16.2%, to $89.8 billion." These ...
- From marketwatch.com|Jan 25, 2024
Orders for durable goods were flat in December, the Commerce Department said Thursday. Economists had forecast a 1.5% rise in orders for durable goods — products made to last at least three years. Core capital goods orders, which exclude volatile sectors like transportation and defense, rose 0.3% last month after a 1% rise in November. The figure omits defense and transportation and is a proxy for broader business investment.
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