New orders for US durable goods surged 1.8% mom in August of 2021, following an upwardly revised 0.5% rise in July, and beating market forecasts of a 0.7% increase. Main rises were seen in orders for nondefense aircraft and parts (77.9%), capital goods (6.7%), transportation (5.5%) and manufacturing (3.3%). On the other hand, orders for defense aircraft and parts dropped 17.8% and defense capital goods went down 8.3%. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.5%, above forecasts of 0.4%. 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 October 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 0.80 percent in 2022 and 0.30 percent in 2023, according to our econometric models.