New orders for US manufactured durable goods slumped 1.6 percent from a month earlier in February 2019, following a downwardly revised 0.1 percent gain in January and compared to market expectations of a 1.8 percent fall. Transportation equipment drove the decrease. Durable Goods Orders in the United States averaged 0.33 percent from 1992 until 2019, 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 2.20 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 0.20 in 12 months time. In the long-term, the United States Durable Goods Orders is projected to trend around 0.30 percent in 2020, according to our econometric models.

United States Durable Goods Orders
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-21 01:30 PM Durable Goods Orders MoM 0.8% -4.3% 1.6% 0.8%
2019-02-21 01:30 PM Durable Goods Orders MoM 1.2% 1% 1.5% 2.5%
2019-03-13 12:30 PM Durable Goods Orders MoM 0.4% 1.3% -0.5% -0.9%
2019-04-02 12:30 PM Durable Goods Orders MoM -1.6% 0.1% -1.8% -0.7%
2019-04-25 12:30 PM Durable Goods Orders MoM -1.6% 0.4% 0.5%
2019-05-24 12:30 PM Durable Goods Orders MoM
2019-06-26 12:30 PM Durable Goods Orders MoM



US Durable Goods Orders Fall Less than Expected

New orders for US manufactured durable goods slumped 1.6 percent from a month earlier in February 2019, following a downwardly revised 0.1 percent gain in January and compared to market expectations of a 1.8 percent fall.

Orders for transport equipment slumped 4.8 percent in February (vs 0.4 percent in January), led by civilian aircraft (31.1 percent vs 9.2 percent) and motor vehicles and parts (-0.1 percent vs -0.5 percent), while orders for defense aircraft and parts rose (2.5 percent vs 1.4 percent). Demand also fell for machinery (-0.3 percent vs 2 percent) and computers and electronic products (-0.3 percent vs -1.8 percent). Meanwhile, increases were recorded in demand for electrical equipment, appliances, and components (1 percent vs 1.3 percent), primary metals (0.7 percent vs -1.8 percent) and fabricated metal products (0.3 percent vs -0.4 percent).

Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, edged 0.1 percent lower in February, after increasing 0.9 percent in January.

Excluding transportation, new orders edged up 0.1 percent (vs -0.1 percent in January). Excluding defense, new orders plunged 1.9 percent (vs 0.4 percent in January).

Shipments of manufactured durable goods in February, up three of the last four months, increased $0.5 billion or 0.2 percent to $258.6 billion. This followed a 0.4 percent January decrease. Computers and electronic products, up four of the last five months, led the increase, $0.3 billion or 1.1 percent to $28.0 billion.

Unfilled orders for manufactured durable goods in February, down four of the last five months, decreased $3.6 billion or 0.3 percent to $1,177.6 billion. This followed a 0.1 percent January increase. Transportation equipment, also down four of the last five months, drove the decrease, $3.8 billion or 0.5 percent to $807.2 billion.

Inventories of manufactured durable goods in February, up twenty-five of the last twenty-six months, increased $1.3 billion or 0.3 percent to $418.9 billion. This followed a 0.5 percent January increase. Transportation equipment, up five of the last six months, drove the increase, $1.3 billion or 1.0 percent to $134.1 billion.

Nondefense new orders for capital goods in February decreased $5.0 billion or 6.3 percent to $74.5 billion. Shipments increased $0.5 billion or 0.6 percent to $78.9 billion. Unfilled orders decreased $4.4 billion or 0.6 percent to $705.7 billion. Inventories increased $0.5 billion or 0.3 percent to $183.6 billion. Defense new orders for capital goods in February decreased $0.4 billion or 3.4 percent to $12.2 billion. Shipments decreased $0.7 billion or 5.3 percent to $12.3 billion. Unfilled orders decreased $0.1 billion or 0.1 percent to $156.0 billion. Inventories decreased less than $0.1 billion or virtually unchanged to $22.9 billion.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/2/2019 12:47:30 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 55.30 54.20 77.50 29.40 Index Points [+]
Manufacturing PMI 52.40 52.40 57.90 50.70 [+]
Services PMI 52.90 55.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.10 59.70 62.00 37.80 [+]
Composite Pmi 52.80 54.60 61.00 50.00 Index Points [+]
Industrial Production 2.80 3.50 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.10 16.60 -10.40 percent [+]
Manufacturing Production 1.00 1.10 67.90 -39.40 percent [+]
Capacity Utilization 78.80 79.00 89.39 66.69 percent [+]
Durable Goods Orders -1.60 0.10 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.90 0.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.10 -0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 -0.10 4.60 -7.20 percent [+]
New Orders 497474.00 500479.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.50 0.00 10.60 -10.00 percent [+]
Business Inventories 0.30 0.90 1.30 -2.00 percent [+]
Changes in Inventories 96.80 89.77 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.20 1.20 2.10 -2.00 percent [+]
Bankruptcies 22232.00 22103.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.20 2076.82 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 101.80 101.70 108.80 80.10 Index Points [+]
Ism New York Index 66.90 61.10 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 8.50 13.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 10.10 3.70 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 10.00 16.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.29 -0.25 2.78 -5.25 [+]
Dallas Fed Manufacturing Index 8.30 13.10 47.10 -60.10 Index Points [+]
Chicago Pmi 58.70 64.70 78.60 21.20 Index Points [+]
Car Production 2.46 2.64 9.92 1.29 Million Units [+]
Car Registrations 389.93 445.50 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.45 16.57 21.77 9.05 Million [+]
Crude Oil Stocks Change -1.40 7.03 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 92.00 25.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1174.00 -7710.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.56 125.17 125.56 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 -3.10 4.09 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 825.00 833.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 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 6896.00 7647.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.50 12.70 108.20 -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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.10 23.50 -19.00 1992 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
United States -1.60 Feb/19


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