Production: Manufacturing: Consumer Goods: Non-Durable Goods for Denmark
Quarterly, Not Seasonally Adjusted
PRMNCG03DKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
215.53
Year-over-Year Change
85.64%
Date Range
1/1/1985 - 7/1/2023
Summary
This quarterly, not seasonally adjusted economic trend measures the value of new orders for durable goods from domestic customers. It provides insight into business 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 New Orders for Durable Goods metric tracks the total value of new orders received by manufacturers for durable goods, or products designed to last more than three years. It is a key indicator of investment and overall economic health.
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 gauge the strength of the manufacturing sector and business confidence.
Key Facts
- Durable goods are products designed to last more than 3 years.
- New orders for durable goods indicate business investment and economic activity.
- Durable goods manufacturing is a key sector of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new orders received by manufacturers for durable goods, which are products designed to last more than three years.
Q: Why is this trend relevant for users or analysts?
A: Durable goods orders are a key indicator of business investment and overall economic activity, providing insight into the strength of the manufacturing sector.
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 gauge the strength of the manufacturing sector and business confidence, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical delay of around 4-6 weeks.
Related Trends
Exchange Rate Adjusted Changes of Domestic Debt Securities for Non-Financial Corporations Issuers, All Maturities, Residence of Issuer in Denmark
DSAMRIAONCERDK
Harmonized Index of Consumer Prices: Medical Products, Appliances and Equipment for Denmark
CP0610DKM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Denmark
00XSEADKM086NEST
Harmonized Index of Consumer Prices: Fish and Seafood for Denmark
CP0113DKM086NEST
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Denmark
LFEMTTTTDKA657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Denmark
DNKCPICORMINMEI
Citation
U.S. Federal Reserve, New Orders for Durable Goods (PRMNCG03DKQ661N), retrieved from FRED.