New orders for US manufactured durable goods rose 0.3 percent from a month earlier in May 2019, after a revised 0.1 percent drop in April and above market expectations of a 0.1 percent growth. Durable Goods Orders Ex Transportation in the United States averaged 0.23 percent from 1992 until 2019, reaching an all time high of 6.30 percent in March of 2004 and a record low of -10.20 percent in January of 2009.
Durable Goods Orders Ex Transportation in the United States is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Durable Goods Orders Ex Transportation in the United States to stand at 0.40 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.