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. Durable Goods Orders in the United States averaged 0.31 percent from 1992 until 2019, reaching an all time high of 23.20 percent in July of 2014 and a record low of -18.40 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
2019-04-02 12:30 PM Durable Goods Orders MoM Feb -1.6% 0.1% -1.8% -0.7%
2019-04-25 12:30 PM Durable Goods Orders MoM Mar 2.7% -1.1% 0.8% 0.5%
2019-05-24 12:30 PM Durable Goods Orders MoM Apr -2.1% 1.7% -2% -1.7%
2019-06-26 12:30 PM Durable Goods Orders MoM May -1.3% -2.8% -0.1% 0.2%
2019-07-25 12:30 PM Durable Goods Orders MoM Jun -1.3% 0.7% 0.7%
2019-08-26 12:30 PM Durable Goods Orders MoM Jul
2019-09-27 12:30 PM Durable Goods Orders MoM Aug



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 plunge 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.

Demand for transport equipment slumped 4.6 percent in May (vs -7.6 percent in April), led by civilian aircraft (-28.2 percent vs -39.3 percent) and defense aircraft and parts (-15.3 percent vs -4.3 percent), while orders for motor vehicles and parts rebounded (0.6 percent vs -3.2 percent). Demand also fell for electrical equipment, appliances, and components (-0.4 percent vs 1.0 percent) and fabricated metal products (-0.4 percent vs 0.8 percent). Meanwhile, increases were recorded in demand for machinery (0.7 percent vs 0.2 percent), computers and electronic products (0.8 percent vs -0.6 percent), and primary metals (0.4 percent vs -2.4 percent).

Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.4 percent in May, after declining 1.0 percent in April.

Excluding transportation, new orders rose 0.3 percent (vs -0.1 percent in April). Excluding defense, new orders declined 0.6 percent (vs -3.3 percent in April).


Shipments of manufactured durable goods in May, up following two consecutive monthly decreases, increased $0.9 billion or 0.4 percent to $254.1 billion. This followed a 1.6 percent April decrease. Machinery, up four of the last five months, led the increase, $0.4 billion or 1.1 percent to $33.4 billion.

Unfilled orders for manufactured durable goods in May, down three of the last four months, decreased $6.4 billion or 0.5 percent to $1,171.2 billion. This followed a 0.2 percent April decrease. Transportation equipment, also down three of the last four months, led the decrease, $5.8 billion or 0.7 percent to $803.6 billion.

Inventories of manufactured durable goods in May, up ten of the last eleven months, increased $2.1 billion or 0.5 percent to $424.6 billion. This followed a 0.4 percent April increase. Transportation equipment, also up ten of the last eleven months, drove the increase, $2.1 billion or 1.6 percent to $138.4 billion.   

Nondefense new orders for capital goods in May decreased $1.7 billion or 2.3 percent to $70.8 billion. Shipments increased $0.3 billion or 0.5 percent to $76.1 billion.  Unfilled orders decreased $5.3 billion or 0.8 percent to $698.7 billion. Inventories increased $1.9 billion or 1.0 percent to $188.1 billion. Defense new orders for capital goods in May decreased $1.2 billion or 7.8 percent to $13.9 billion. Shipments increased $0.1 billion or 0.5 percent to $13.0 billion. Unfilled orders increased $0.9 billion or 0.5 percent to $160.3 billion. Inventories increased $0.1 billion or 0.4 percent to $23.5 billion.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/26/2019 12:53:35 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 51.70 52.10 77.50 29.40 Index Points [+]
Manufacturing PMI 50.60 50.50 57.90 50.50 [+]
Services PMI 51.50 50.90 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.10 56.90 62.00 37.80 [+]
Composite Pmi 51.50 50.90 61.00 50.00 Index Points [+]
Industrial Production 1.30 2.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 0.40 16.60 -10.40 percent [+]
Manufacturing Production 0.40 0.70 67.90 -39.40 percent [+]
Capacity Utilization 77.92 78.09 89.39 66.69 percent [+]
Durable Goods Orders -1.30 -2.80 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense -0.60 -3.30 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.30 -0.10 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 0.10 0.20 4.60 -7.00 percent [+]
New Orders 493569.00 499273.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.70 -1.20 10.40 -9.70 percent [+]
Business Inventories 0.30 0.50 1.30 -2.00 percent [+]
Changes in Inventories 122.84 96.80 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.40 0.80 2.10 -2.00 percent [+]
Bankruptcies 22157.00 22232.00 82446.00 19695.00 Companies [+]
Corporate Profits 2012.30 2076.20 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 103.30 105.00 108.80 80.10 Index Points [+]
NY Empire State Manufacturing Index 4.30 -8.60 39.00 -34.40 Index Points [+]
Philadelphia Fed Manufacturing Index 21.80 0.30 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 3.00 5.00 29.00 -44.00 Index Points [+]
Ism New York Index 50.00 48.60 88.80 23.40 percent [+]
Chicago Fed National Activity Index -0.05 -0.48 2.78 -5.27 [+]
Dallas Fed Manufacturing Index -12.10 -5.30 47.60 -59.90 Index Points [+]
Chicago Pmi 49.70 54.20 78.60 21.20 Index Points [+]
Car Production 2.62 2.56 9.92 1.29 Million Units [+]
Car Registrations 465.92 432.55 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.30 17.30 21.77 9.05 Million [+]
Crude Oil Stocks Change -3.12 -9.50 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 62.00 81.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3565.00 -1455.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 127.88 127.79 127.88 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 -1.40 -8.13 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 779.00 784.00 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 7653.00 7428.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index -3.00 2.00 37.00 -32.00 Index Points [+]
Mining Production 8.70 10.70 108.20 -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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -2.80 23.20 -18.40 1992 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
United States -1.30 May/19


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