MoM Change in Durable Goods Orders in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month change in durable goods orders measures the increase or decrease in new orders for durable goods (items with a lifespan of three years or more) in the U.S. manufacturing sector 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.
Month-over-month data helps understand short-term fluctuations in durable goods orders. 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.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
