New orders for US manufactured durable goods surged 0.8 percent from a month earlier in November 2018, following a downwardly revised 4.3 percent plunge in October and missing market expectations of a 1.6 percent advance. Transportation equipment drove the increase. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, dropped 0.6 percent in November, after a 0.5 percent gain in the previous month. Durable Goods Orders in the United States averaged 0.33 percent from 1992 until 2018, reaching an all time high of 23.50 percent in July of 2014 and a record low of -19 percent in August of 2014.

Durable Goods Orders in the United States is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Durable Goods Orders in the United States to stand at 1.50 in 12 months time. In the long-term, the United States Durable Goods Orders is projected to trend around 2.40 percent in 2020, according to our econometric models.

United States Durable Goods Orders
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 12:30 PM Durable Goods Orders MoM 4.5% -1.2% 2% 1.2%
2018-10-25 12:30 PM Durable Goods Orders MoM 0.8% 4.6% -1% -1.8%
2018-11-21 01:30 PM Durable Goods Orders MoM -4.4% -0.1% -2.5% -1.2%
2018-12-21 01:30 PM Durable Goods Orders MoM 0.8% -4.3% 1.6% 0.8%
2019-01-28 01:30 PM Durable Goods Orders MoM 0.8% 2.1% 2.5%
2019-02-27 01:30 PM Durable Goods Orders MoM
2019-03-26 12:30 PM Durable Goods Orders MoM



US Durable Goods Orders Rebound Weaker than Expected

New orders for US manufactured durable goods surged 0.8 percent from a month earlier in November 2018, following a downwardly revised 4.3 percent plunge in October and missing market expectations of a 1.6 percent advance. Transportation equipment drove the increase.

Demand for transport equipment jumped 2.9 percent in November (vs -12.3 percent in October), led by defense aircraft and parts (31.5 percent vs -55.3 percent) and civilian aircraft (6.7 percent vs -28.7 percent), while orders for motor vehicles and parts fell slightly (-0.2 percent vs 0.5 percent). Demand also rose for both primary metals (1 percent vs -2.7 percent) and fabricated metal products (0.5 percent vs 1.6 percent). Meanwhile, orders for computers and electronic products were unchanged (vs 2.9 percent in October) while decreases were recorded in demand for machinery (-1.7 percent vs 0.2 percent) and electrical equipment, appliances, and components (-0.7 percent vs 1.1 percent).

Excluding transportation, new orders fell 0.3 percent (vs 0.4 percent in October). Excluding defense, new orders decreased 0.1 percent (vs -1.4 percent in October).

Shipments of manufactured durable goods in November, up three of the last four months, increased $1.8 billion or 0.7 percent to $256.7 billion. This followed a 0.4 percent October decrease. Transportation equipment, also up three of the last four months, led the increase, $1.8 billion or 2.0 percent to $89.5 billion.

Unfilled orders for manufactured durable goods in November, down two consecutive months, decreased $1.7 billion or 0.1 percent to $1,181.7 billion. This followed a 0.2 percent October decrease. Transportation equipment, also down two consecutive months, drove the decrease, $2.5 billion or 0.3 percent to $812.4 billion.

Inventories of manufactured durable goods in November, up twenty-two of the last twenty-three months, increased $1.1 billion or 0.3 percent to $412.8 billion. This followed a 0.2 percent October increase. Primary metals, up twenty-four of the last twenty-five months, led the increase, $0.3 billion or 0.9 percent to $36.1 billion.  

Nondefense new orders for capital goods in November increased $0.5 billion or 0.7 percent to $75.4 billion. Shipments increased $1.9 billion or 2.4 percent to $79.6 billion.  Unfilled orders decreased $4.2 billion or 0.6 percent to $710.6 billion. Inventories increased $0.1 billion or virtually unchanged to $180.5 billion. Defense new orders for capital goods in November increased $1.8 billion or 15.4 percent to $13.9 billion. Shipments decreased $0.2 billion or 1.7 percent to $11.9 billion. Unfilled orders increased $2.0 billion or 1.3 percent to $156.0 billion. Inventories decreased less than $0.1 billion or virtually unchanged to $22.8 billio


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/21/2018 1:45:38 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 54.10 59.30 77.50 29.40 Index Points [+]
Manufacturing PMI 53.80 55.30 57.90 50.70 [+]
Services PMI 54.40 54.70 61.00 49.30 Index Points [+]
Non Manufacturing PMI 57.60 60.70 62.00 37.60 [+]
Composite Pmi 54.40 54.70 61.00 50.00 Index Points [+]
Industrial Production 4.00 4.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.30 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.20 2.10 67.90 -39.40 percent [+]
Capacity Utilization 78.73 78.60 89.39 66.71 percent [+]
Durable Goods Orders 0.80 -4.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -0.10 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 0.40 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 0.10 4.60 -7.20 percent [+]
New Orders 502677.00 515334.00 565232.00 223500.00 USD Million [+]
Factory Orders -2.10 0.20 10.60 -10.00 percent [+]
Business Inventories 0.60 0.50 1.30 -2.00 percent [+]
Changes in Inventories 89.77 -36.81 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.80 0.70 2.10 -2.00 percent [+]
Bankruptcies 22103.00 22245.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.82 2007.53 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 104.40 104.80 108.80 80.10 Index Points [+]
Ism New York Index 65.40 67.80 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 17.00 9.10 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 3.90 11.50 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index -8.00 14.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.22 0.00 2.77 -5.22 [+]
Dallas Fed Manufacturing Index -5.10 17.60 47.10 -60.10 Index Points [+]
Chicago Pmi 65.40 66.40 81.00 20.70 Index Points [+]
Car Production 3.00 2.71 9.92 1.29 Million Units [+]
Car Registrations 431.72 436.69 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.55 17.49 21.77 9.05 Million [+]
Crude Oil Stocks Change -2.68 -1.68 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -81.00 -91.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 7503.00 8066.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 124.80 124.54 124.80 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -0.56 -6.27 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 852.00 873.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7425.00 7571.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 13.40 12.90 108.20 -28.80 percent [+]


United States Durable Goods Orders

Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 -4.30 23.50 -19.00 1992 - 2018 percent Monthly
Current Prices, SA




Country Last Previous
United States 0.80 Nov/18


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