About Durable Goods Orders (USD)
Durable goods orders for United States measures new orders placed with domestic manufacturers for long-lasting goods (items expected to last three or more years). It is a leading indicator for manufacturing output and business investment.
Why FX traders watch it
Because durable goods require significant investment by buyers, orders signal confidence in future demand. The 'core' measure (ex-defense, ex-aircraft) is closely watched as a proxy for business capital expenditure.
How to interpret the data
A strong durable goods orders print above consensus is usd-positive as it suggests growing business investment and manufacturing activity. A sustained decline signals a capex slowdown and deteriorating business confidence.