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 |
|---|---|---|---|
| Aug 26, 2024 | 9.9% | 4.0% | -6.7% |
| Jul 25, 2024 | -6.6% | 0.3% | 0.1% |
| 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% |
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- US Durable Goods Orders m/m News
From breakingthenews.net|Aug 26, 2024|18 commentsNew orders for manufactured durable goods in the United States amounted to $289.6 billion in July, jumping by 9.9% compared to the previous month, the US Census Bureau revealed in an advance report released on Monday. The overall increase was mostly attributed to transportation equipment, which rose by 34.8% to $102.2 billion. Excluding transportation, new orders were 0.2% lower, while excluding defense, the figure climbed by 10.4%. In addition, shipments of manufactured durable goods increased by 1.1% to stand at $291.1 billion. ...
From marctomarket.com|Aug 24, 2024|1 commentIn the middle of last week, the Fed funds futures discounted 103 bp of cuts this year. There was some movement but after Fed Chair Powells, but the market finished the week with 104 bp of cuts priced into the Fed funds futures curve. The two-year note yield settled at a three-week low and the dollar slumped. The Dollar Index's 1.7% lost last week, its fifth consecutive drop and the largest weekly decline of the year. Although the euro rose to $1.12, its best level since July 2023, and sterling appreciated to $1.3230, its best level ...
From breakingthenews.net|Jul 25, 2024New orders for manufactured durable goods in the United States observed a monthly decrease of 6.6% to reach $264.5 billion in June, the US Census Bureau unveiled in an advance report published on Thursday. The document attributed the fall mostly to transportation equipment, which plunged by 20.5% or $19.6 billion to $75.8 billion. Excluding transportation, new orders rose by 0.5%. Excluding defense, the figure dropped by 7.0%. Shipments of manufactured durable goods advanced by $3.5 billion or 1.2% to $288.1 billion. Unfilled orders ...
From morningstar.com|Jun 27, 2024Orders 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 commentsUS 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, 2024Durable 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, 2024Durable 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, 2024Durable 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 ...
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| Released on Jul 25, 2024 |
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| Released on May 24, 2024 |
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| Released on Apr 24, 2024 |
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| Released on Mar 26, 2024 |
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