Durable Goods Orders During June 2020
The Durable Goods Orders report for June 2020 was released by the Commerce Department this morning:
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Predicted: +8.0%
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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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From Today's Report:
"...Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. For more information on the compilation of this month's reports, see <COVID-19 FAQs>..."
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Predicted: +8.0%
- Actual: $206,873,000,000 (+$14,011,000,000 [+7.265%])
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- May 2020 (revised): $192,862,000,000 (+$25,360,000,000 [+15.1401%])
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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.
================
From Today's Report:
"...Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. For more information on the compilation of this month's reports, see <COVID-19 FAQs>..."
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- Click here to view the full Commerce Department report (PDF).
- COVID‐19 Effects On June 2020 Durable Goods Orders
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Labels: Coronavirus, COVID-19, COVID19, durable_goods_orders, hard_data, manufacturing, Pandemic
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