Durable Goods Orders

Long-lasting manufactured goods are termed as Durable Goods. The data series called the Durable Goods Orders measures the delivery of these items as an indicator of current industrial activity.

Conducted via a monthly survey by the U.S. Census Bureau, the Durable Goods Orders is a key leading economic indicator. The level of industrial activity can be measured via the level of orders for Durable Goods. The survey measures the delivery of Durable Goods, which are long-lasting manufactured goods. The orders for Durable Goods can be useful in understanding the level of strength in the manufacturing industries such as Machinery, Transport and Technology. If orders for Durable Goods are a high number, this indicates a positive trajectory for industry and for the economy, and vice versa. It is a key indicator monitored by Equity Investors to see the current level of economic activity.