| Definition:
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Durable Goods are defined as big-ticket items such as cars, aircraft, computers, electronic components, etc. that are meant to last three years or more. This economic indicator defines total new orders to US manufacturers for durable goods. New orders categories are: Primary Metals, Industrial Machinery, Electrical Equipment and Transportation equipment. New orders for capital goods orders are tracked separately in Defense and Non-defense categories.
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| Meaning:
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Durable goods data is used to gauge strength or weakness in the manufacturing sector. This indicator has two main weaknesses: 1) Data tends to be extremely volatile because of irregular ordering for defense and transportation equipment, which costs a lot. 2) The data is frequently revised. Economists, when analyzing the data will exclude defense and transportation orders and average the numbers over 3 to 6 months.
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| Weight:
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**
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| Source:
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U.S. Department of Commerce: Bureau of the Census
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| Availability:
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Report released 3-4 weeks following the reference month
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| Frequency:
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Monthly
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| Coverage:
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Data is for the previous month (Data for May is released in June)
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| Volatility:
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Very High
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Impact on the Markets:
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| Interest Rates:
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Durable Goods Orders  =
Interest Rates
Durable Goods Orders  = Interest Rates
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| Fixed-income:
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Durable Goods Orders =
Bond Market
Durable Goods Orders = Bond Market
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| Equities:
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Durable Goods Orders =
Stock Market
Durable Goods Orders = Stock Market
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| Dollar:
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Durable Goods Orders = Uncertain
Durable Goods Orders = Uncertain
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| More Information:
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U.S. Department of Commerce: Bureau of the Census
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