What this release is
Core Durable Goods Orders m/m (USD) measures new orders placed with domestic manufacturers for goods designed to last three years or more, specifically excluding transportation items. This monthly report, focusing on the business sector, is officially published by census.gov.
Forex traders monitor this release for insights into business investment and manufacturing health. Stronger core durable goods orders can signal increased economic activity, potentially influencing expectations for future interest rate policy. Conversely, weaker orders may suggest a slowdown, which could lead to different policy expectations.
The market typically focuses on the headline month over month percentage change. Revisions to prior months’ data are also closely watched, as they can alter the perceived trend. The release’s impact is generally considered medium, and its timing can influence short term market movements.