Units, Quarterly
PRCNDW01CZQ180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,345.00
Year-over-Year Change
-43.09%
Date Range
4/1/1994 - 10/1/2013
Summary
This economic trend measures the value of new orders for durable goods, a key indicator of manufacturing activity and business investment in the United States.
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 indicator tracks orders placed with domestic manufacturers for products intended to last three years or more. It is closely watched by economists and policymakers as a gauge of the health of the manufacturing sector and future business spending.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau based on surveys of manufacturing establishments.
Historical Context
New orders for durable goods are an important input for economic forecasting and Federal Reserve policy decisions.
Key Facts
- Durable goods account for about 25% of total U.S. manufacturing output.
- New orders for durable goods tend to fluctuate with the business cycle.
- The durable goods data is an influential input for the Federal Reserve's Beige Book.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of new orders placed with U.S. manufacturers for durable goods, which are products intended to last three years or more.
Q: Why is this trend relevant for users or analysts?
A: New orders for durable goods are a leading indicator of manufacturing activity and business investment, making this data crucial for economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data monthly through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: The durable goods orders data is an important input for the Federal Reserve's Beige Book and helps inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The durable goods orders data is published monthly with a lag of approximately 4 weeks.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Czechia
CZECPHP0500GYM
Central government debt, total (% of GDP) for the Czech Republic
DEBTTLCZA188A
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Czechia
LFEMTTFECZA647N
International Merchandise Trade Statistics: Trade Balance: Commodities for Czechia
XTNTVA01CZA664N
Value of Exports to Czech Republic from Arizona
AZCZEA052SCEN
Life Expectancy at Birth, Total for the Czech Republic
SPDYNLE00INCZE
Citation
U.S. Federal Reserve, New Orders for Durable Goods (PRCNDW01CZQ180N), retrieved from FRED.