New orders for manufactured durable goods in the United States rose by 1.4% month-over-month in February 2024, more than market expectations of a 1.1% increase and after a downwardly revised 6.9% fall in January. Orders rebounded for transportation equipment (3.3 percent vs -18.3 percent), namely motor vehicles and parts (1.8% vs -0.5 percent); machinery (1.9 percent vs -0.8 percent); fabricated metal products (0.8 percent vs -1.2 percent); primary metals (0.8 percent vs -1.2 percent); and capital goods (1.9 percent vs -17.1 percent). Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders increased 2.2 percent. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.7%, after a 0.4% decrease in January. source: U.S. Census Bureau
Durable Goods Orders in the United States increased 1.40 percent in February of 2024 over the previous month. Durable Goods Orders in the United States averaged 0.33 percent from 1992 until 2024, reaching an all time high of 24.80 percent in July of 2014 and a record low of -19.90 percent in August of 2014. This page provides the latest reported value for - United States Durable Goods Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Durable Goods Orders - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.
Durable Goods Orders in the United States increased 1.40 percent in February of 2024 over the previous month. Durable Goods Orders in the United States is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.