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Economy

Economic Data (USA)

Wednesday, May 24, 2006

Durable Goods Orders Report for April, 2006 Released Today

The Durable Goods Orders report for April, 2006 was released this morning:

Consensus: -0.5%
Actual: -4.8%

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 U.S. Durable Goods Orders report is produced by the U.S. Commerce Department.

Click here to view the full Commerce Department report (PDF).


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