Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Denmark
Number, Monthly level, Annual, Seasonally Adjusted
ODCNPI03DKA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,862.58
Year-over-Year Change
99.77%
Date Range
1/1/1960 - 1/1/2022
Summary
This series measures the monthly, seasonally adjusted level of new orders for durable goods, which are physical products designed to last three years or more. It is a key economic indicator that reflects business investment and future production.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The new orders for durable goods metric provides insight into the health of the manufacturing sector and overall economic activity. It signals changes in demand for long-lasting products, which can influence business decisions, investments, and policymaking.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Historical Context
Economists and policymakers closely monitor durable goods orders to assess the direction of the economy and potential inflationary pressures.
Key Facts
- Durable goods are physical products designed to last 3+ years.
- New orders data reflects demand for long-lasting products.
- Durable goods orders are a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly, seasonally adjusted level of new orders for durable goods, which are physical products designed to last three years or more.
Q: Why is this trend relevant for users or analysts?
A: Durable goods orders data provides insight into the health of the manufacturing sector and overall economic activity, signaling changes in demand for long-lasting products that can influence business decisions, investments, and policymaking.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor durable goods orders to assess the direction of the economy and potential inflationary pressures.
Q: Are there update delays or limitations?
A: The durable goods orders data is published monthly by the U.S. Census Bureau and may be subject to revision as more complete information becomes available.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Denmark
LFWATTTTDKQ647S
International Merchandise Trade Statistics: Imports: Commodities for Denmark
XTIMVA01DKQ664N
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Denmark
LFHUTTMADKM647S
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Denmark
NAEXKP01DKQ189S
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Denmark
NAEXKP04DKQ189S
Number of Identified Exporters to Denmark from Florida
FLDNKA475SCEN
Citation
U.S. Federal Reserve, New Orders for Durable Goods (ODCNPI03DKA180S), retrieved from FRED.