Durable Goods Orders m/m

Indicator History

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

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.


Why is it important?

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.

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