New orders for US manufactured durable goods rose by 1.1 percent from a month earlier in April 2023, following an upwardly revised 3.3 percent growth in March and easily beating market expectations of a 1.0 percent decline. Demand for transport equipment was up 3.7 percent, as a sharp increase in demand for defense aircraft (32.7 percent) was enough to offset declines in orders for civilian aircraft (-8.3 percent) and vehicles (-0.1 percent). Meanwhile, demand was also up for machinery (1.0 percent), while decreases were reported for computers and electronic products (-1.4 percent), electrical equipment, appliances, and components (-1.0 percent), and primary metals (-0.5 percent). Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 1.4 percent in April, rebounding from a 0.6 percent drop the month before. source: U.S. Census Bureau
Durable Goods Orders in the United States averaged 0.34 percent from 1992 until 2023, reaching an all time high of 24.80 percent in July of 2014 and a record low of -19.90 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 June of 2023.
Durable Goods Orders in the United States is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.