Track US Durable Goods Orders to gauge manufacturing activity. Key indicator for economic health and production trends.
This is a key indicator of manufacturing activity, as an increase in purchase orders suggests that producers will boost their operations to fulfill these orders. Typically, this data is updated in the Factory Orders report that comes out approximately a week later. Durable goods refer to long-lasting items with a lifespan exceeding three years, including vehicles, computers, appliances, and aircraft.
What it Measures
Change in the overall value of new purchase orders made to manufacturers for durable goods.
Usual Effect
An 'Actual' figure that exceeds the 'Forecast' is favorable for the currency.
Source & Frequency
Census Bureau (latest release) - https://www.census.gov/ • Published monthly, around 26 days after the conclusion of the previous month.
How Data is Derived
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Also Known As
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