durable goods orders
A monthly economic report that measures the spending on durable products (items intended to last for three or more years) within the manufacturing and mining industries. The report breaks down the numbers by industry, making it possible to isolate and identify volatility associated with a single sector. Strength or weakness in orders for durable goods is thought to be a leading indicator for manufacturing demand and changes in the economic cycle. The previous month's data on Durable Goods Orders are released by the U.S. Census Bureau around the 26th of each month. The official name of the report is the Manufacturer's Shipments, Inventories and Orders (M3) and is available on the Web at www.census.gov/indicator/www/m3.
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Manufacturer's Shipments, Inventories, and Orders (M3)
factory orders
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