Monthly measure of new orders for goods expected to last 3+ years (autos, machinery, appliances).
Volatile due to lumpy aircraft and defense orders. "Core" excludes transportation for cleaner trend. Capital goods orders (excluding defense) are a leading indicator of business investment.
Monthly measure of new orders for goods expected to last 3+ years (autos, machinery, appliances). Volatile due to lumpy aircraft and defense orders. "Core" excludes transportation for cleaner trend. Capital goods orders (excluding defense) are a leading indicator of business investment.
In economics, Durable Goods Orders is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.
Volatile due to lumpy aircraft and defense orders. "Core" excludes transportation for cleaner trend.
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