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US Durable Goods Orders Beat Estimates
New orders for US manufactured durable goods increased 0.9 percent month-over-month in November of 2020, following an upwardly revised 1.8 percent rise in the previous month, above market expectations of a 0.6 percent gain. It is the seventh consecutive gain in durable goods orders. Excluding transportation, new orders rose 0.4 percent and excluding defense, new orders went up 0.7 percent. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.4 percent, easing from a 1.6 percent rise in October.
Published on 2020-12-23

US Durable Goods Orders Rise More than Expected
New orders for US manufactured durable goods increased 1.3 percent month-over-month in October of 2020, easing from an upwardly revised 2.1 percent rise in September and above market expectations of 0.9 percent. It is the sixth consecutive gain in durable goods orders. Excluding transportation, new orders rose 1.3 percent and excluding defense, new orders went up 0.2 percent. Orders slowed for transportation equipment (1.2 percent vs 3.3 percent) and capital goods (2.7percent vs 5.7 percent ) and computers and electronics (0.6 percent vs 1.2 percent). Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.7 percent, following a 1.9 percent rise in September.
Published on 2020-11-25

US Durable Goods Orders Rise for 5th Month
New orders for US manufactured durable goods surged 1.9% month-over-month in September of 2020, well above a 0.4% rise in August and market expectations of 0.5%. Orders rose for the 5th straight month, led by transport equipment, as the economy recovers from big plunges in March and April due to the coronavirus pandemic. Orders rebounded for transportation equipment (4.1% vs -0.9%), namely motor vehicles (1.5% vs -4.1%); and fabricated metal products (1.2% vs -0.1%); and continued to rise for capital goods (4.7% vs 5.3%) and computers and electronics (0.6% vs 1.2%). On the other hand, orders fell for machinery (-0.3% vs 1.9%); and electrical equipment, appliances and components (-2% vs 0.4%). Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 1%, following an upwardly revised 2.1% rise in August.
Published on 2020-10-27

US Durable Goods Orders Rise Less than Expected
New orders for US manufactured durable goods rose 0.4 percent month-over-month in August of 2020, well below an upwardly revised 11.7 percent jump in July and lower than market forecasts of a 1.5 percent raise. Still, it was the 4th straight month of improvement in orders as the economy recovers from big plunges in March and April due to the coronavirus pandemic. Transportation (0.5 percent), machinery (1.5 percent), and computers and electronics (1.2 percent) led the increase while orders for electrical equipment and appliances (-1.5 percent), motor vehicles (-21.7 percent) and defense capital goods (-3.3 percent) shrunk. Excluding transportation, new orders increased 0.4 percent and excluding defense, new orders rose 0.7 percent. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 1.8 percent, below 2.5 percent in July but above forecasts of 0.5 percent.
Published on 2020-09-25

US Durable Goods Orders Rise More than Forecast
New orders for US manufactured durable goods rose by 11.2 percent in July 2020, recovering further from sharp falls seen in March and April during the lockdown and easily beating market expectations of 4.3 percent. Demand for transport equipment jumped 35.6 percent (vs 19.7 percent in June), due to increases in orders for motor vehicles and parts (21.9 percent vs 85.6 percent) and defense aircraft and parts (77.1 percent vs -29.2 percent). Orders were also higher for electrical equipment, appliances, and components (4.1 percent vs 2.0 percent), computers and electronic products (2.2 percent vs -0.1 percent), machinery (2.0 percent vs 3.7 percent), fabricated metal products (2.0 percent vs 5.7 percent), and primary metals (0.2 percent vs 4.4 percent). Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 1.9 percent in July, compared to 4.3 percent in June.
Published on 2020-08-26

US Durable Goods Orders Rise More than Expected
New orders for US manufactured durable goods rose 7.3 percent month-over-month in June of 2020, following a downwardly revised 15.1 percent jump in May and beating market forecasts of 7 percent. Demand for transportation equipment jumped 20 percent, mainly due to motor vehicles and parts (85.7 percent) while defense aircrafts and parts plunged 30.6 percent. Excluding transportation, new orders increased 3.3 percent and excluding defense, new orders increased 9.2 percent. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, jumped 3.3 percent after a 1.6 percent gain in May.
Published on 2020-07-27

US Durable Goods Orders Rebound More than Expected
New orders for US manufactured durable goods rose 15.8 percent month-over-month in May of 2020, rebounding from an upwardly revised 18.1 percent slump in April and above market expectations of a 10.9 percent increase. It is the biggest gain in durable goods orders since July of 2014. Demand for transportation equipment surged 80.7 percent, boosted by a 27.5 percent increase in motor vehicles and parts. Excluding transportation, new orders advanced 4 percent and excluding defense new orders surged 15.5 percent. Core capital goods orders, which exclude aircraft and military hardware, went up 2.3 percent.
Published on 2020-06-25

US Durable Goods Orders Fall Less than Forecast
New orders for US manufactured durable goods slid 17.2 percent month-over-month in April of 2020, following a downwardly revised 16.6 percent slump in March and better than market expectations of a 19 percent drop. Still, it is the biggest drop in durable goods orders since August of 2014. Demand for transportation equipment sank 47.3 percent. Excluding transportation, new orders decreased 7.4 percent and excluding defense new orders went down 16.2 percent. Core capital goods orders, which exclude aircraft and military hardware, fell 5.8 percent.
Published on 2020-05-28

US Durable Goods Orders Fall the Most since 2014
New orders for US manufactured durable goods plunged 14.4 percent month-over-month in March of 2020, following a downwardly revised 1.1 percent gain in February and worse than market forecasts of a 11.9 percent drop. It is the biggest drop in durable goods orders since August of 2014, as the coronavirus pandemic led to business and store closures. Demand for transportation equipment sank 41 percent, mainly due to a 296 percent drop in orders for nondefense aircraft and parts. Excluding transportation, new orders decreased 0.2 percent and excluding defense new orders went down 15.8 percent. Core capital goods orders, which exclude aircraft and military hardware, rose 0.1 percent.
Published on 2020-04-24

US Durable Goods Orders Unexpectedly Rise
New orders for US manufactured durable goods increased 1.2 percent month-over-month in February of 2020, following a revised 0.1 percent gain in January and beating market forecasts of a 0.8 percent drop. Demand for transport equipment jumped 4.6 percent, mainly due to motor vehicles and parts and orders for electrical equipment, appliances, and componentes increased 1.3 percent. Meanwhile, orders fell for fabricated metal products (-1.2 percent), machinery (-0.5 percent) and computers and electronics (-0.8 percent). Excluding transportation, new orders decreased 0.6 percent while excluding defense, new orders increased 0.1 percent.
Published on 2020-03-25

US Durable Goods Orders Fall Less than Forecast
New orders for US manufactured durable goods dropped 0.2 percent from a month earlier in January 2020, following an upwardly revised 2.9 percent growth in December and defying market expectations of a 1.5 percent fall. Demand for transport equipment shrank 2.2 percent (vs 8.8 percent in December) due to decreases in orders for motor vehicles and parts (-0.8 percent vs 0.0 percent) and defense aircraft and parts (-19.6 percent vs 166.8 percent). Still, demand for civilian aircraft jumped 346.2, reversing a 66.7 percent fall in December. Meanwhile, orders for electrical equipment, appliances, and components went down 1.4 percent (vs 0.2 percent in December), while an increase in demand was recorded for primary metals (2.2 percent vs -0.3 percent), machinery (2.1 percent vs -1.5 percent), fabricated metal products (1.2 percent vs 0.8 percent) and computers and electronic products (0.3 percent vs 1.3 percent).
Published on 2020-02-27

US Durable Goods Orders Jump the Most in Near 1-1/2-Year
New orders for US manufactured durable goods increased 2.4 percent from a month earlier in December 2019, rebounding from an upwardly revised 3.1 percent drop in the previous month and beating forecasts of a 0.4 percent rise. It is the biggest increase since August of 2018 mostly due to surge in military orders after Congress approved higher budget for military spending. Excluding defense, new orders decreased 2.5 percent. Orders for defense aircraft and parts went up 168.3 percent, offsetting a 74.7 percent plunge in demand for civilian aircraft and a 0.9 percent fall in demand for motor vehicles and parts. Excluding transportation, new orders decreased 0.1 percent. On the other hand, new orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, fell 0.9 percent, the most in 8 months. Considering full 2019, durable goods orders declined 1.5 percent, after an 8.1 percent rise in 2018.
Published on 2020-01-28

US Durable Goods Orders Fall Unexpectedly
New orders for US manufactured durable goods dropped 2 percent from a month earlier in November 2019, following a meager 0.2 percent growth in October and missing market expectations of a 1.5 percent increase. Demand for transportation equipment led the fall, while declines were also seen in orders for machinery and primary metals. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, edged up 0.1 percent.
Published on 2019-12-23

US Durable Goods Orders Unexpectedly Rise
New orders for US manufactured durable goods rose 0.6 percent from a month earlier in October 2019, following an upwardly revised 1.4 percent fall in the previous month and beating market expectations of a 0.8 percent decrease. Fabricated metal products, up two of the last three months, led the increase.
Published on 2019-11-27

US Durable Goods Orders Fall More than Expected
New orders for US manufactured durable goods fell 1.1 percent from a month earlier in September 2019, following an upwardly revised 0.3 percent gain in the previous month and compared with market expectations of a 0.8 percent decrease. Transportation equipment led the decline after three consecutive monthly increases. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, went down 0.5 percent, after falling 0.6 percent in August.
Published on 2019-10-24

US Durable Goods Orders Unexpectedly Rise
New orders for US manufactured durable goods rose 0.2 percent from a month earlier in August 2019, following an upwardly revised 2 percent gain in the previous month and beating market expectations of a 1 percent decline. Fabricated metal products, up four of the last five months, led the increase. Meanwhile, demand for transport equipment dropped. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, went down 0.2 percent, after a flat reading in July.
Published on 2019-09-27

US Durable Goods Orders Rise More than Expected
New orders for US manufactured durable goods rose 2.1 percent from a month earlier in July 2019, the most since August last year, following a downwardly revised 1.8 percent gain and beating market expectations of a 1.2 percent increase. Transportation equipment, up for two consecutive months, drove the increase. Meanwhile, demand for machinery declined.
Published on 2019-08-26

US Durable Goods Orders Rise the Most in a Year
New orders for US manufactured durable goods jumped 2 percent from a month earlier in June 2019, the most since last August, reversing a 2.3 percent plunge in May and easily beating market expectations of a 0.7 percent growth. Demand for machinery increased the most in nearly 1-1/2 years and that for transport equipment rebounded sharply, led by civilian aircraft and motor vehicles and parts. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, climbed 1.9 percent in June, after a 0.3 percent advance in May.
Published on 2019-07-25

US Durable Goods Orders Drop for 2nd Straight Month
New orders for US manufactured durable goods fell 1.3 percent from a month earlier in May 2019, after a revised 2.8 percent slump in April and worse than market expectations of a 0.1 percent drop. Transportation equipment, down three of the last four months, drove the decrease.
Published on 2019-06-26

US Durable Goods Orders Fall More than Expected
New orders for US manufactured durable goods fell 2.1 percent from a month earlier in April 2019, reversing a downwardly revised 1.7 percent growth in March and slightly worse than market expectations of a 2 percent drop. Transportation equipment, down two of the last three months, drove the decrease.
Published on 2019-05-24