New orders for US manufactured durable goods excluding transportation edged down 0.1 percent from a month earlier in January 2019, following an upwardly revised 0.3 percent growth in December and missing market expectations of a 0.1 percent rise. Durable Goods Orders Ex Transportation in the United States averaged 0.25 percent from 1992 until 2019, reaching an all time high of 7.50 percent in March of 2004 and a record low of -6.80 percent in April of 2011.
Durable Goods Orders Ex Transportation in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Durable Goods Orders Ex Transportation in the United States to stand at 0.70 in 12 months time. In the long-term, the United States Durable Goods Orders Ex Transportation is projected to trend around 0.10 percent in 2020, according to our econometric models.