Durable Goods Orders Excluding Defense in the United States plunged 15.80 percent month-over-month in March of 2020. It is the biggest drop since August of 2014 as the coronavirus pandemic led to business and store closures.
Durable Goods Orders Ex Defense in the United States averaged 0.25 percent from 1992 until 2020, reaching an all time high of 25.50 percent in July of 2014 and a record low of -19.20 percent in August of 2014. This page provides the latest reported value for - United States Durable Goods Orders Ex Defense - 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 Ex Defense - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.
Durable Goods Orders Ex Defense in the United States is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Durable Goods Orders Ex Defense in the United States to stand at 1.30 in 12 months time. In the long-term, the United States Durable Goods Orders Ex Defense is projected to trend around 0.50 percent in 2021, according to our econometric models.