2018 Economic Calendar
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Durable Goods Orders  
Released On 5/25/2018 8:30:00 AM For Apr, 2018
PriorConsensusConsensus Range
New Orders - M/M change2.6 %-1.2 %-2.5 % to 1.7 %
Ex-transportation - M/M0.0 %0.6 %-0.2 % to 1.2 %
Core capital goods - M/M change-0.1 %0.7 %0.1 % to 1.4 %

Consensus Outlook
Underlying strength is the call for durable goods orders which, however, is not expected to be evident at the headline level where a 1.2 percent decline is Econoday's consensus, one reflecting expectations that aircraft orders, which have been very strong, will finally pull back. Ex-transportation orders, which exclude aircraft, were flat in March and solid improvement is the call for April, at a consensus gain of 0.6 percent. A decline in core capital goods was a disappointment in the March report and a 0.7 percent rebound is the April consensus.

Durable goods orders are new orders placed with domestic manufacturers for factory hard goods. The report also contains information on shipments, unfilled orders and inventories. The advance release provides early estimates and is revised about a week later by the factory orders report.  Why Investors Care
Monthly fluctuations in durable goods orders are frequent and large and skew the underlying trend in the data. In fact, even the yearly change must be viewed carefully because of the volatility in this series.
Data Source: Haver Analytics

2018 Release Schedule
Released On: 1/262/273/234/265/256/277/268/249/2710/2511/2112/21
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

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