New orders for US manufactured durable goods increased 0.4% month-over-month to $265.3 billion in April of 2022, following a downwardly revised 0.6% rise in March and below forecasts of 0.6%, in a sign business spending moderated. Orders increased for capital goods (0.7%), transportation equipment (0.6%), machinery (1%), computers and electronic products (0.1%) and primary metals (0.6%). Excluding transportation, new orders rose 0.3% and orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, edged up 0.3%, below 1.1% in March. source: U.S. Census Bureau
Durable Goods Orders in the United States averaged 0.36 percent from 1992 until 2022, 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 June of 2022.
Durable Goods Orders in the United States is expected to be 1.50 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 2023 and 0.30 percent in 2024, according to our econometric models.