Durable Goods Orders
a.k.a. Durable goods
A monthly US report on new orders for long-lasting manufactured goods like machinery, appliances and aircraft.
In plain English
A monthly US report on new orders for long-lasting manufactured goods like machinery, appliances and aircraft.
Durable goods orders count orders for things built to last at least three years. Because these are big purchases, orders rise when businesses and households feel confident.
The headline number is notoriously jumpy because of aircraft orders, so traders often focus on the figure excluding transportation, or on 'core capital goods', a proxy for business investment.
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