US Core 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. Orders for aircraft are volatile and can severely distort the underlying trend. The Core data is therefore thought to be a better gauge of purchase order trends;
- US Core Durable Goods Orders m/m Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep 26, 2024 | 0.5% | 0.1% | -0.2% |
| Aug 26, 2024 | -0.2% | 0.0% | 0.4% |
| Jul 25, 2024 | 0.5% | 0.2% | -0.1% |
| Jun 27, 2024 | -0.1% | 0.2% | 0.4% |
| May 24, 2024 | 0.4% | 0.1% | 0.0% |
| Apr 24, 2024 | 0.2% | 0.3% | 0.3% |
| Mar 26, 2024 | 0.5% | 0.4% | -0.4% |
| Feb 27, 2024 | -0.3% | 0.2% | 0.5% |
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- US Core Durable Goods Orders m/m News
From floordaily.net|Sep 26, 2024New orders for manufactured durable goods in August, up six of the last seven months, increased $0.1 billion or virtually unchanged to $289.7 billion, the U.S. Census Bureau announced. This followed a 9.9% July increase. Excluding transportation, new orders increased 0.5%. Excluding defense, new orders decreased 0.2%. Electrical equipment, appliances, and components, up two of the last three months, drove the increase, $0.3 billion or 1.9% to $14.4 billion.
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 zerohedge.com|Jul 25, 2024KC Fed survey joined yesterday's Regional Fed surveys in the doldrums (as did today's plunge in durable goods orders) but of course, all eyes were sternly focused on Q2 GDP's beat. That 'good news' sparked a hawkish shift lower in rate-cut expectations... chart The Nasdaq lagged..again.. with Small Caps ripping higher. The S&P ended red again with The Dow clinging to gains... Nasdaq has underperformed Russell 2000 for 11 of the last 12 days, erasing YTD outperformance for the big-tech index. chart This is the biggest relative ...
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 ...
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| Released on Jun 27, 2024 |
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| Released on May 24, 2024 |
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| Released on Apr 24, 2024 |
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