Work Started: Construction: Dwellings and Residential Buildings: Total for Denmark
Monthly, Seasonally Adjusted
DNKWSCNDW01MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,777.00
Year-over-Year Change
-8.78%
Date Range
1/1/1960 - 9/1/2023
Summary
This economic trend measures monthly, seasonally adjusted new orders for non-defense capital goods excluding aircraft, a key indicator of business investment and economic growth.
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 non-defense capital goods excluding aircraft metric tracks the total value of new orders received by manufacturers for capital equipment, excluding volatile aircraft orders. This provides insight into business investment and the overall health of the manufacturing sector.
Methodology
Data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This indicator is closely watched by economists and policymakers as a predictor of future economic activity and investment.
Key Facts
- New orders excluding aircraft hit a record high of $84.3 billion in March 2022.
- The series has shown a steady recovery since the COVID-19 pandemic disruptions.
- Durable goods orders are a leading indicator of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of new orders received by manufacturers for capital equipment, excluding volatile aircraft orders.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into business investment and the overall health of the manufacturing sector, making it a closely watched predictor of future economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the state of the manufacturing sector and broader economic conditions, which informs their policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around two weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted New Orders for Non-Defense Capital Goods Excluding Aircraft (DNKWSCNDW01MLSAM), retrieved from FRED.