2018 Economic Calendar
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Durable Goods Orders  
Released On 7/26/2018 8:30:00 AM For Jun, 2018
PriorConsensusConsensus Range
New Orders - M/M change-0.6 %3.2 %0.5 % to 5.0 %
Ex-transportation - M/M-0.3 %0.5 %0.0 % to 0.8 %
Core capital goods - M/M change-0.2 %

Consensus Outlook
A pent-up surge in aircraft orders is expected to make for a big bounce higher in durable goods orders where the consensus for June is a 3.2 percent gain vs May's 0.6 percent decline. But strength elsewhere is expected to be more limited with the ex-transportation consensus at a 0.5 percent gain. May's data included slowing in orders for steel and aluminum which spiked in March and April following the imposition of import tariffs.

Definition
Durable goods orders are new orders placed with domestic manufacturers for factory hard goods. The report also contains information on shipments, unfilled orders and inventories. The advance release provides early estimates and is revised about a week later by the factory orders report.  Why Investors Care
 
[Chart]
Monthly fluctuations in durable goods orders are frequent and large and skew the underlying trend in the data. In fact, even the yearly change must be viewed carefully because of the volatility in this series.
Data Source: Haver Analytics
 
 

2018 Release Schedule
Released On: 1/262/273/234/265/256/277/268/249/2710/2511/2112/21
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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