New orders for US manufactured durable goods slumped 4.4 percent from a month earlier in October 2018, following a downwardly revised 0.1 percent decline in September and worse than market expectations of a 2.5 percent drop. It was the largest fall in durable goods orders since July 2017 as demand for transportation equipment dropped. Durable Goods Orders in the United States averaged 0.33 percent from 1992 until 2018, reaching an all time high of 23.50 percent in July of 2014 and a record low of -19 percent in August of 2014.

Durable Goods Orders in the United States is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Durable Goods Orders in the United States to stand at 1.50 in 12 months time. In the long-term, the United States Durable Goods Orders is projected to trend around 2.40 percent in 2020, according to our econometric models.

United States Durable Goods Orders
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 12:30 PM Durable Goods Orders MoM 4.5% -1.2% 2% 1.2%
2018-10-25 12:30 PM Durable Goods Orders MoM 0.8% 4.6% -1% -1.8%
2018-11-21 01:30 PM Durable Goods Orders MoM -4.4% -0.1% -2.5% -1.2%
2018-12-21 01:30 PM Durable Goods Orders MoM -4.4% 0.8%



US Durable Goods Orders Post Biggest Fall in Over a Year


New orders for US manufactured durable goods slumped 4.4 percent from a month earlier in October 2018, following a downwardly revised 0.1 percent decline in September and worse than market expectations of a 2.5 percent drop. It was the largest fall in durable goods orders since July 2017.

Demand for transport equipment slumped 12.2 percent in October (vs 0.9 percent in September), led by nondefense aircraft and parts (-21.4 percent vs -19.3 percent) and defense aircraft and parts (-59.3 percent vs 117.1 percent) while orders for motor vehicles and parts rose (0.2 percent vs 0.9 percent). Demand also declined for primary metals (-2.3 percent vs -1.2 percent) and machinery (-0.5 percent vs 0.1 percent). Meanwhile, increases were recorded in orders for electrical equipment, appliances, and components (2.9 percent vs -0.8 percent), computers and electronic products (1.6 percent vs 0.5 percent), and fabricated metal products (1 percent vs -2.4 percent).

Excluding transportation, new orders edged up 0.1 percent (vs -0.6 percent in September). Excluding defense, new orders decreased 1.2 percent (vs -1.4 percent in September).

Shipments of manufactured durable goods in October, down following two consecutive monthly increases, decreased $1.4 billion or 0.6 percent to $254.5 billion. This followed a 1.0 percent September increase. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $1.6 billion or 1.8 percent to $87.6 billion.

Unfilled orders for manufactured durable goods in October, down following eight consecutive monthly increases, decreased $2.0 billion or 0.2 percent to $1,183.0 billion. This followed a 0.7 percent September increase. Transportation equipment, down following two consecutive monthly increases, drove the decrease, $2.9 billion or 0.4 percent to $815.1 billion.

Inventories of manufactured durable goods in October, down two of the last three months, decreased $0.1 billion or virtually unchanged to $410.9 billion. This followed a 0.8 percent September increase. Computers and electronic products, down three of the last four months, drove the decrease, $0.4 billion or 1.0 percent to $43.1 billion. 

Nondefense new orders for capital goods in October decreased $3.3 billion or 4.2 percent to $75.3 billion. Shipments decreased $1.9 billion or 2.4 percent to $77.4 billion. Unfilled orders decreased $2.1 billion or 0.3 percent to $715.5 billion. Inventories increased less than $0.1 billion or virtually unchanged to $180.1 billion. Defense new orders for capital goods in October decreased $2.3 billion or 16.6 percent to $11.5 billion. Shipments increased $0.3 billion or 2.9 percent to $12.1 billion. Unfilled orders decreased $0.6 billion or 0.4 percent to $153.4 billion. Inventories increased $0.1 billion or 0.3 percent to $22.8 billion.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/21/2018 1:47:02 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 57.70 59.80 77.50 29.40 Index Points [+]
Manufacturing PMI 55.70 55.60 57.90 50.70 [+]
Services PMI 54.80 53.50 61.00 49.30 Index Points [+]
Non Manufacturing PMI 60.30 61.60 62.00 37.60 [+]
Composite Pmi 54.90 53.90 61.00 50.00 Index Points [+]
Industrial Production 4.10 5.60 62.00 -33.70 percent [+]
Industrial Production Mom 0.10 0.20 16.60 -10.40 percent [+]
Manufacturing Production 2.70 3.80 67.90 -39.40 percent [+]
Capacity Utilization 78.40 78.50 89.39 66.71 percent [+]
Durable Goods Orders -4.40 -0.10 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.20 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.10 -0.60 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.40 4.60 -7.20 percent [+]
New Orders 515334.00 510466.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.70 2.60 10.60 -10.00 percent [+]
Business Inventories 0.30 0.50 1.30 -2.00 percent [+]
Changes in Inventories 76.33 -36.81 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.40 0.90 2.10 -2.00 percent [+]
Bankruptcies 22103.00 22245.00 82446.00 19695.00 Companies [+]
Corporate Profits 2007.53 1965.29 2007.53 14.70 USD Billion [+]
NFIB Business Optimism Index 107.40 107.90 108.80 80.10 Index Points [+]
Ism New York Index 69.80 72.50 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 12.90 22.20 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 23.30 21.10 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 15.00 29.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.17 0.27 2.77 -5.22 [+]
Dallas Fed Manufacturing Index 29.40 28.10 47.10 -60.10 Index Points [+]
Chicago Pmi 58.40 60.40 81.00 20.70 Index Points [+]
Car Production 2.64 2.78 9.92 1.29 Million Units [+]
Car Registrations 443.14 445.58 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.57 17.44 21.77 9.05 Million [+]
Crude Oil Stocks Change 4.85 10.27 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 39.00 65.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1295.00 -1411.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 124.26 123.89 124.26 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -1.55 8.79 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 888.00 886.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7251.00 7461.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 13.10 15.10 108.20 -28.80 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -0.10 23.50 -19.00 1992 - 2018 percent Monthly
Current Prices, SA




Country Last
United States -4.40 Oct/18


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