Factory and durable goods orders · United States
United States Durable Goods Orders ex Defense MoM Final
The United States Durable Goods Orders ex Defense MoM Final measures the value of new orders received by manufacturers in the United States.
- Importance
- Medium
- Next release
- Currency
- USD · US dollar
- Central bank
- The Federal Reserve
Latest figures
No results of this release are shown yet. They appear here as soon as they are published.
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 Final?
The United States Durable Goods Orders ex Defense MoM Final measures the value of new orders received by manufacturers in the United States.
When is the next United States Durable Goods Orders ex Defense MoM Final?
On Tuesday 3 November 2026 at 15:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.