New orders for US manufactured durable goods were up 0.8% mom in June of 2021, slowing from an upwardly revised 3.2% surge in May and well below market forecasts of 2.1% as factories continue to struggle with parts and labor shortages and higher material costs. Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.5%, the same as in May. The biggest increases were recorded for nondefense aircraft and parts (17%), communication equipment (6.4%) and transport equipment (2.1%) while orders fell for defense capital goods (-1.5%), computers (-0.6%) and motor vehicles and parts (-0.3%). Excluding transportation, new orders edged up 0.3% only. source: U.S. Census Bureau
Durable Goods Orders in the United States averaged 0.35 percent from 1992 until 2021, reaching an all time high of 23.50 percent in July of 2014 and a record low of -19 percent in August of 2014. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Durable Goods Orders in the United States is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Durable Goods Orders is projected to trend around 0.30 percent in 2022, according to our econometric models.