|History of Event Dates
Durable Goods Orders m/m is a monthly economic indicator that measures the change in the total value of new orders for long-lasting goods, including transportation-related items such as airplanes and automobiles. Durable goods are considered a key driver of economic activity and are often seen as a barometer of consumer and business confidence. Changes in Durable Goods Orders m/m can provide valuable insights into trends in consumer and business spending, particularly in sectors such as manufacturing, transportation, and construction.
This metric is closely monitored by policymakers, economists, and investors as it can influence market expectations, currency valuations, and investment decisions. Durable Goods Orders m/m is also considered a leading indicator of economic growth and can help forecast changes in GDP. 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.
Note: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades.
The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.