The 'Durable Goods Orders Ex Transp MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, excluding transportation equipment. This indicator is significant as it provides insight into the manufacturing sector's health and consumer demand for long-lasting goods, excluding the often volatile transportation category. A rise in this metric suggests increased business investment and consumer confidence, which can positively impact economic growth and financial markets. Conversely, a decline might signal economic weakness, influencing market sentiment and monetary policy expectations.
The 'Durable Goods Orders Ex Transp MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, excluding transportation equipment. This indicator is significant as it provides insight into the manufacturing sector's health and consumer demand for long-l...