Durable Goods Orders Report for April 2016

The Durable Goods Orders report for April 2016 was released by the Commerce Department this morning:

Predicted: +0.3%
Actual: +3.4%

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• Last month, revised: +1.9%
  
  
• Change from 12 months ago: +1.9%
  

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The  highlighted figure represents 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, airplanes, computers, furniture -- items that are built to last at least three years.

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

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

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