Durable Goods Orders During May 2018
The Durable Goods Orders report for May 2018 was released by the Commerce Department this morning:
Predicted: -0.6%
Actual: -0.56%
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The yellow-highlighted figure represents the month-to-month change in new 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.
Predicted: -0.6%
Actual: -0.56%
================
The yellow-highlighted figure represents the month-to-month change in new 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.
Labels: durable_goods_orders, hard_data, manufacturing
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