Annual
ULQBBC04AUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,149,695,230.00
Year-over-Year Change
151.64%
Date Range
1/1/1984 - 1/1/2010
Summary
This annual economic trend measures the total value of business and government purchases of manufactured durable goods. It is a key indicator of investment and economic activity.
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 Annual Durable Goods Orders series tracks new orders received by manufacturers for both consumer and capital goods. It serves as an important leading indicator of investment and production in the broader economy.
Methodology
The data is collected through a monthly survey of manufacturing establishments.
Historical Context
Durable goods orders are closely watched by policymakers and analysts to gauge overall economic momentum.
Key Facts
- Durable goods are products designed to last at least 3 years.
- New orders for durable goods reflect demand for a wide range of products.
- Fluctuations in durable goods orders often precede changes in broader economic growth.
FAQs
Q: What does this economic trend measure?
A: This annual series tracks new orders received by U.S. manufacturers for durable goods, which are products designed to last at least 3 years.
Q: Why is this trend relevant for users or analysts?
A: Durable goods orders are a leading indicator of investment, production, and overall economic activity, making this a closely watched metric by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of manufacturing establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Durable goods orders are monitored by the Federal Reserve and other policymakers as an indicator of future economic conditions, informing decisions on interest rates and other policies.
Q: Are there update delays or limitations?
A: The durable goods orders data is released monthly by the Census Bureau, with a lag of about 4-6 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Annual Durable Goods Orders (ULQBBC04AUA189N), retrieved from FRED.