2018 Economic Calendar
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Durable Goods Orders  
Released On 6/27/2018 8:30:00 AM For May, 2018
PriorConsensusConsensus Range
New Orders - M/M change-1.7 %-0.6 %-2.4 % to 1.2 %
Ex-transportation - M/M0.9 %0.4 %-0.3 % to 1.3 %
Core capital goods - M/M change1.0 %0.2 %-0.2 % to 0.5 %

Consensus Outlook
Another month of underlying growth is the call for durable goods orders which however, based on expectations for aircraft orders, is forecast to show a headline decline of 0.6 percent. Ex-transportation orders are expected to rise 0.4 percent in May. Strength in core capital goods orders was a major plus in the April report and a modest 0.2 percent add-on gain is the May consensus.

Definition
Durable goods orders are new orders placed with domestic manufacturers for factory hard goods. The report also contains information on shipments, unfilled orders and inventories. The advance release provides early estimates and is revised about a week later by the factory orders report.  Why Investors Care
 
[Chart]
Monthly fluctuations in durable goods orders are frequent and large and skew the underlying trend in the data. In fact, even the yearly change must be viewed carefully because of the volatility in this series.
Data Source: Haver Analytics
 
 

2018 Release Schedule
Released On: 1/262/273/234/265/256/277/268/249/2710/2511/2112/21
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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