New orders for manufactured durable goods in the United States surged by 2.6% month-over-month in March 2024, following a downwardly revised 0.7% growth seen in February and slightly exceeding market expectations of a 2.5% increase. It marked the largest monthly advance in durable goods orders since last November, primarily propelled by robust demand for transport equipment (7.7% vs 1.8% in February). Orders rose across all categories, including vehicles (2.1% vs 1.9%), civilian aircraft (30.6% vs 15.6%), and defense aircraft (2.8% vs 9.1%). Additionally, demand increased for computers and electronic products (0.8% vs -1.9%), fabricated metal products (0.2% vs 0.7%), machinery (0.1% vs 1.5%), and electrical equipment, appliances, and components (0.1% vs -2.8%). Meanwhile, orders for non-defense capital goods excluding aircraft, a closely monitored proxy for business spending plans, rose by 0.2% in March, following a revised 0.4% increase in February. source: U.S. Census Bureau

Durable Goods Orders in the United States increased 2.60 percent in March of 2024 over the previous month. Durable Goods Orders in the United States averaged 0.33 percent from 1992 until 2024, 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 April of 2024.

Durable Goods Orders in the United States increased 2.60 percent in March of 2024 over the previous month. Durable Goods Orders in the United States is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-26 12:30 PM
Durable Goods Orders MoM
Feb 1.4% -6.9% 1.1% 0.7%
2024-04-24 12:30 PM
Durable Goods Orders MoM
Mar 2.6% 0.7% 2.5% 2.2%
2024-05-24 12:30 PM
Durable Goods Orders MoM
Apr

Components Last Previous Unit Reference
Durable Goods Orders ex Defense MoM 2.30 1.50 percent Mar 2024
Durable Goods Orders Ex Transp MoM 0.20 0.10 percent Mar 2024
Non Defense Goods Orders Ex Air 0.20 0.40 percent Mar 2024

Related Last Previous Unit Reference
Business Inventories MoM 0.40 0.00 percent Feb 2024
Durable Goods Orders MoM 2.60 0.70 percent Mar 2024
Factory Orders MoM 1.40 -3.80 percent Feb 2024
Factory Orders ex Transportation 1.10 -0.60 percent Feb 2024
New Orders 576760.00 568570.00 USD Million Feb 2024
Retail Inventories Ex Autos MoM 0.40 0.30 percent Feb 2024
Wholesale Inventories MoM 0.50 -0.20 percent Feb 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 0.70 24.80 -19.90 1992 - 2024 percent Monthly
Current Prices, SA

News Stream
US Durable Goods Orders Rise for 2nd Month
New orders for manufactured durable goods in the United States surged by 2.6% month-over-month in March 2024, following a downwardly revised 0.7% growth seen in February and slightly exceeding market expectations of a 2.5% increase. It marked the largest monthly advance in durable goods orders since last November, primarily propelled by robust demand for transport equipment (7.7% vs 1.8% in February). Orders rose across all categories, including vehicles (2.1% vs 1.9%), civilian aircraft (30.6% vs 15.6%), and defense aircraft (2.8% vs 9.1%). Additionally, demand increased for computers and electronic products (0.8% vs -1.9%), fabricated metal products (0.2% vs 0.7%), machinery (0.1% vs 1.5%), and electrical equipment, appliances, and components (0.1% vs -2.8%). Meanwhile, orders for non-defense capital goods excluding aircraft, a closely monitored proxy for business spending plans, rose by 0.2% in March, following a revised 0.4% increase in February.
2024-04-24
US Durable Goods Orders Rebound More than Expected
New orders for manufactured durable goods in the United States rose by 1.4% month-over-month in February 2024, more than market expectations of a 1.1% increase and after a downwardly revised 6.9% fall in January. Orders rebounded for transportation equipment (3.3 percent vs -18.3 percent), namely motor vehicles and parts (1.8% vs -0.5 percent); machinery (1.9 percent vs -0.8 percent); fabricated metal products (0.8 percent vs -1.2 percent); primary metals (0.8 percent vs -1.2 percent); and capital goods (1.9 percent vs -17.1 percent). Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders increased 2.2 percent. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.7%, after a 0.4% decrease in January.
2024-03-26
US Durable Goods Orders Fall Most since April 2020
New orders for manufactured durable goods in the United States slumped by 6.1% month-over-month in January 2024, more than market expectations of a 4.5% fall and following a 0.3% decrease in December. This marked the most substantial monthly decline in durable goods orders since April 2020, primarily driven by transportation equipment. Orders for transportation equipment saw a decrease of 16.2% (vs -0.6% in December), driven by reduced demand for nondefense aircraft and parts (-58.9% vs 1%) and motor vehicles and parts (-0.4% vs 0.2%). Orders also fell for fabricated metal products (-0.9% vs 0.2%), primary metals (-1.7% vs 0.5%), and capital goods (-15% vs -1.4%). Excluding transportation, new orders went down 0.3% (vs -0.1%). Excluding defense, new orders tumbled 7.3% (vs 0.1%). Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.1%, after a 0.6% decrease in December.
2024-02-27