US Core Durable Goods Orders m/m
Track US Core Durable Goods Orders m/m to gauge manufacturing activity and economic health.
Overview
This indicator reflects production trends, as an increase in purchase orders suggests that manufacturers will ramp up their activities to fulfill these orders. The data is typically revised by the Factory Orders report published approximately one week later. Orders for aircraft can be erratic, often skewing the underlying trend, making the Core data a more reliable measure of purchase order trends.
Key Information
What it Measures
The change in the total value of new purchase orders made with manufacturers for durable goods, excluding transportation items.
Usual Effect
A higher 'Actual' compared to 'Forecast' is favorable for the currency.
Source & Frequency
Census Bureau (latest release) - https://www.census.gov/ • Data is released monthly, roughly 26 days after the end of the month.
How Data is Derived
N/A
Also Known As
Durable Goods Orders Ex Transportation
Acronym
N/A