Durable Goods Orders Report for May 2016
The Durable Goods Orders report for May 2016 was released by the Commerce Department this morning:
Predicted: -0.7%
Actual: -2.2%
================
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).
Predicted: -0.7%
Actual: -2.2%
================
- Previous month, revised: +3.3%
- Change from 12 months ago: +3.2%
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).
Labels: durable_goods_orders
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posted by Steve Brown | 6/24/2016 02:16:00 PM
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