Factory and durable goods orders · United States
United States Durable Goods Orders ex Defense MoM
The United States Durable Goods Orders ex Defense MoM measures the value of new orders received by manufacturers in the United States.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- USD · US dollar
- Central bank
- The Federal Reserve
Latest figures
The latest release for SEP, published on 27 October 2026, came in at 2.2%, up from 0.3% the time before (revised).
Over the last 12 releases it ranged from -4.6% to 8.1%, averaging 0.7%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 27 Oct 2026 | SEP | 2.2% | – | 0.3% ® |
| 25 Sep 2026 | AUG | 0.1% | – | 1.4% ® |
| 26 Aug 2026 | JUL | 1.3% | – | 0.3% ® |
| 25 Jun 2026 | MAY | -4.6% | – | 8.4% ® |
| 28 May 2026 | APR | 8.1% | – | -0.3% |
| 29 Apr 2026 | MAR | -0.3% | – | -1.2% |
| 7 Apr 2026 | FEB | -1.2% | – | 0.2% ® |
| 13 Mar 2026 | JAN | 0.5% | – | -1.9% ® |
| 18 Feb 2026 | DEC | -2.5% | – | 6.6% |
| 26 Jan 2026 | NOV | 6.6% | – | -1.3% ® |
| 23 Dec 2025 | OCT | -1.5% | – | 0.1% |
| 26 Nov 2025 | SEP | 0.1% | 1.9% | 1.9% |
Why it matters
Orders come before production, so they give an early signal of activity. US durable goods orders without transport, and "core" capital goods orders (non-defence, ex aircraft), are a good guide to business investment. Japan's machinery orders play the same role.
How it is calculated
Manufacturers report new orders in money terms each month; the figures are seasonally adjusted. Aircraft orders arrive in large lumps, so they are often excluded.
What changes mean
- Headline orders swing with aircraft and defence; use the ex-transport or core figures.
- Several months of rising core orders support investment growth in GDP.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
A short history
The US Census Bureau's Manufacturers' Shipments, Inventories and Orders survey has run since the 1950s.
Questions
What is the United States Durable Goods Orders ex Defense MoM?
The United States Durable Goods Orders ex Defense MoM measures the value of new orders received by manufacturers in the United States.
What was the latest United States Durable Goods Orders ex Defense MoM?
2.2% for SEP, published on 27 October 2026.
When is the next United States Durable Goods Orders ex Defense MoM?
On Wednesday 25 November 2026 at 13:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.