The 'Durable Goods Orders ex Defense MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, excluding defense-related items. This indicator is significant as it provides insight into the manufacturing sector's health and future production activity, reflecting business investment trends. It is closely watched by financial markets as it can signal economic strength or weakness, influencing monetary policy decisions and investor sentiment. A rise in this metric typically indicates increased business confidence and economic growth, while a decline may suggest caution or economic slowdown.
The 'Durable Goods Orders ex Defense MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, excluding defense-related items. This indicator is significant as it provides insight into the manufacturing sector's health and future production activity, ...