The 'Durable Goods Orders MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, which are items expected to last at least three years, such as appliances and vehicles. This indicator is significant because it reflects consumer and business confidence, as higher orders suggest increased spending and investment. It can impact financial markets by influencing expectations for economic growth and monetary policy, often causing volatility in stock and bond markets. Analysts and investors closely watch this data for insights into the manufacturing sector's health and broader economic trends.
The 'Durable Goods Orders MoM' in the USA measures the monthly change in new orders placed with manufacturers for durable goods, which are items expected to last at least three years, such as appliances and vehicles. This indicator is significant because it reflects consumer and business confiden...