Titan FX

MoM Change in Durable Goods Orders Excluding Transportation in the US

Country:
USDUnited States
Importance:
★★
Data Trends
Loading...
DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Durable Goods Orders Excluding Transportation in the US

The month-over-month change in durable goods orders excluding transportation measures the increase or decrease in new orders for durable goods in the U.S. manufacturing sector, excluding transportation equipment, compared to the previous month. This data is released monthly by the U.S. Census Bureau of the Department of Commerce and is crucial for assessing manufacturing activity and the overall health of the economy.

Transportation equipment can cause significant fluctuations, so excluding this data provides a more accurate understanding of the underlying trends in the manufacturing sector. An increase in orders indicates a robust manufacturing sector and heightened business investment sentiment. Conversely, a decrease in orders may suggest a stagnating manufacturing sector and reduced business investment sentiment.

This data serves as a reference for policymakers in evaluating manufacturing trends and formulating appropriate economic policies. It also provides valuable insights for businesses and investors in understanding manufacturing trends and making economic forecasts.

Start Now!

You can access a variety of trading tools and information.

Open Live AccountDemo Account