Durable Goods Orders

Country:	USA
Definition:	The net nominal difference between current monthly orders and annulled orders of the previous periods
Description:	The indicator signals industrial demand on durables and non-durables. This indicator increase characterises production activity and its possible growth, while its decrease signals phase-down. That is why currency rate rises on this indicator increase and falls on decrease. This indicator includes Durable Goods Orders and Non-durable goods orders. Durable Goods Orders include goods with intended lifespan of more than 3 years (cars, furniture, building materials), which makes more than 50 of the total. Non-durable goods orders include food, clothes, light industrial goods etc.
Influence:	Factory Orders characterise production activity. Increase in the indicator is a positive factor for the economy, while decrease in the indicator signals decline
Market Importance:
Released:	Released monthly at 10:00 AM ET.
Source:	The Census Bureau of the Department of Commerce