Durable Goods Orders Ex. Transporation m/m

Indicator History

History of Event Dates
Event Date Time For
Period
Currency Actual Forecast
What is this indicator?

Durable Goods Orders Ex. Transportation m/m is a monthly economic indicator that measures the change in the total value of new orders for long-lasting goods, excluding transportation-related items. This metric is considered a more accurate measure of underlying economic activity, as transportation orders can be volatile and subject to large fluctuations. Durable goods, such as appliances, machinery, and electronics, are considered big-ticket items that consumers and businesses typically purchase only when they have the financial capacity to do so. Thus, changes in this metric can provide valuable insights into trends in consumer and business spending.


Why is it important?

Durable Goods Orders Ex. Transportation m/m is closely monitored by policymakers, economists, and investors as it can influence market expectations, currency valuations, and investment decisions. By tracking this indicator, stakeholders can gain a better understanding of the strength of the US economy and make more informed decisions about business and investment strategies.

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