Loading the Agenda…
Loading the Agenda…
Worth notingAgendaTue, Oct 27 ET 8:30 AM pre-market1 min read
Durable goods orders measure the dollar value of new manufacturer orders for long-lasting products such as machinery, vehicles and aircraft. They are neither completed sales nor a count of physical goods. September's monthly change is estimated at -0.2%, versus the previous -0.1%, pointing to a slightly larger decline. Recent GM production pauses alongside stronger steel-producer results leave an uneven picture that this report can help clarify.[1]
Expected −0.2% Last release −0.1%
If it comes in above expectations If the change is above -0.2%, new order value would be stronger than expected, potentially supporting future production and supplier purchases. It could still be a decline or be driven mainly by a few large orders.[1]
If it comes in below expectations If the change is below -0.2%, new order value would have fallen more than expected. If sustained, that could lead factories to reduce production plans and purchases of parts and materials.[1]
Stronger orders could support revenue prospects for machinery makers, component suppliers and industrial transport companies. Weaker orders could make it harder for them to spread fixed factory and equipment costs over enough business. Equipment buyers might gain negotiating or delivery flexibility when demand softens, but this does not establish lower prices. Check whether aircraft or other large orders drove the headline, then whether orders become deliveries rather than assuming a broad manufacturing recovery.[1]