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Economy

Economic Data (USA)

Friday, February 24, 2006

Durable Goods Orders Report for January 2006 Released Today

The Durable Goods Orders report for January, 2006 has just been released:

Consensus: -1.2%
Actual: -10.2%

The above percentages represent the month-to-month change in orders for durable or hard goods for immediate or future delivery from U.S. manufacturers. Examples of durable goods: cars, washing machines, computers--items that are built to last 3+ years.

The "consensus" is what economists were expecting, while the "actual" is the actual or real figure. The Durable Goods Orders report is produced by the U.S. Commerce Department.


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