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United States Durable Goods Orders
Last Release
Aug 31, 2023
Actual
0.2
Units In
%
Previous
-5.6
Frequency
Monthly
Next Release
Oct 26, 2023
Time to Release
27 Days 23 Hours
Highest | Lowest | Average | Date Range | Source |
23.5 Jul 2014 | -19 Aug 2014 | 0.36 % | 1992-2023 | U.S. Census Bureau |
Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years.
Latest Updates
New orders for manufactured durable goods in the US unexpectedly rose 0.2% month-over-month in August 2023, rebounding from an upwardly revised 5.6% slump in July, and beating market forecasts of a 0.5% fall. Orders for machinery led the increase (0.5%), followed by fabricated metal products (0.5%), computers and electronics (0.3%), and electrical equipment, appliances and components (1.1%). On the other hand, orders declined for capital goods (-0.2%), transportation equipment (-0.2%) and primary metals (-0.6%). Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, went up 0.9%, recovering from a 0.4% fall in July, and beating forecasts of a flat reading.
United States Durable Goods Orders History
Last 12 readings