U.S. Core Capital Goods Orders (MoM)
Published:
U.S. new orders for non-defence capital goods excluding aircraft (Census) — monthly change
Full explanation
U.S. Core Capital Goods Orders (MoM) is the monthly percentage change in new orders for non-defence capital goods excluding aircraft, published by the U.S. Census Bureau in the durable goods report. It is seasonally adjusted and measured in nominal dollars (not inflation-adjusted). It is distinct from headline Durable Goods Orders and other durable-goods measures.
Why traders watch it
A widely used proxy for future business equipment investment.
Stronger vs weaker outcomes
A stronger-than-expected reading points to firmer activity; a weaker one points the other way.
Release details
- Release frequency
- Monthly
Typical volatility
Low. Nominal dollar value, so price changes affect it. The advance figure is revised in the full factory orders report.
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