New orders for manufactured durable goods in the US decreased 1.1% month-over-month to $285.1 billion in November 2024, following an upwardly revised 0.8% rise in October and much worse than market forecasts of a 0.4% decline. Transportation equipment led the decline, down 2.9%. Excluding transportation, durable goods fell 0.1%. Orders were also lower for capital goods (-2.6%), fabricated metal products (-1.6%) and computers and electronic products (-0.7%). In contrast, orders increased for machinery (1%) and primary metals (0.7%). Meanwhile,, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, were up 0.7%, the biggest rise since August 2023, rebounding from a 0.1% fall in October. source: U.S. Census Bureau
Durable Goods Orders in the United States decreased 1.10 percent in November of 2024 over the previous month. Durable Goods Orders in the United States averaged 0.32 percent from 1992 until 2024, reaching an all time high of 25.90 percent in July of 2014 and a record low of -21.30 percent in August of 2014. This page provides the latest reported value for - United States Durable Goods Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Durable Goods Orders - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Durable Goods Orders in the United States decreased 1.10 percent in November of 2024 over the previous month. Durable Goods Orders in the United States is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.