Friday, April 24, 2020

Durable Goods Orders During March 2020

The Durable Goods Orders report for March 2020 was released by the Commerce Department this morning:

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Predicted: -11.7%
  • Actual: $213,184,000,000 (-$35,983,000,000 [-14.441%)

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  • February 2020 (revised): $249,167,000,000 (+$2,609,000,000 [+1.058%])
 
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Chart: Durable Goods Orders - March 2020 Update
Chart: Durable Goods Orders - March 2020 Update

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The yellow-highlighted figures represent the dollar amount of new orders for durable or hard goods for immediate or future delivery from U.S. manufacturers, along with both the dollar and month-to-month percentage change.

Examples of durable goods: cars, airplanes, computers, furniture -- items that are built to last at least three years.

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