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Currency | Actual | Forecast |
Durable Goods Orders Ex. Defence m/m is a monthly economic indicator that measures the change in the total value of new orders for long-lasting goods, excluding military and defense-related items. This metric is used to track trends in consumer and business spending on non-military durable goods, such as machinery, electronics, and transportation equipment. By excluding defense-related orders, this metric can provide a more accurate picture of underlying economic activity, as defense spending can be influenced by geopolitical events and government policies. As such, Durable Goods Orders Ex. Defence m/m is a useful tool for assessing the strength of the US economy and predicting future trends in consumer and business spending.
Investors and policymakers closely monitor this indicator as it provides insight into the health of the manufacturing sector, which is a key driver of economic growth. Changes in Durable Goods Orders Ex. Defence m/m can impact financial markets, as they may indicate shifts in business and consumer sentiment, and can affect the valuation of the US dollar
ADP Employment Change NEXT:30-Oct-2024 |
Average Hourly Earnings NEXT:1-Nov-2024 |
Average Weekly Hours NEXT:1-Nov-2024 |
Budget Balance NEXT:13-Nov-2024 |
Building Permits NEXT:18-Oct-2024 |
Business Inventories / Sales Ratio NEXT:17-Oct-2024 |
Business Inventories m/m NEXT:17-Oct-2024 |
Business Inventories y/y NEXT:17-Oct-2024 |
Business Sales m/m NEXT:17-Oct-2024 |
Business Sales y/y NEXT:17-Oct-2024 |
Capacity Utilization Rate m/m NEXT:17-Oct-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
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