βοΈ αααααΉαααααΆαα
– Core Durable Goods Orders (ααΆαβαααααΆβαα·αβαααα·αβααααΎβααΆααβααΆαβααΌα) ααΊααΆααΌα
ααΆααααααααα·α
αα
αααααΆαααααααΎαααααααα»αααααΆααααααΆαα·ααααα·αααΆαα½αα’αααααα·ααααααΆαααααα·ααααααααΎααααΆααααΆαααΌα α αΎαααΆαα’αΆαα»ααΆαα
αΆααααΈ 3 ααααΆαα‘αΎααα
α
– Durable Goods Orders ααΆαααΈααααααααΊ αααα·αααααΎααααΆααααΆαααΌααααααΆααα’αααααααΎααααΆααααΌαα
, αααα·αααααΎααααΆααααΆαααΌααααααΆααα’αΆααΈααααα αα·ααααα·ααα·αα’αΆα
ααααΎααααΆααααΆαααΌαα
– Durable Goodsβ (αααα·αααααΎααααΆααααΆαααΌα) αα½αααΆααααΆαααΈααααααα αααΆαααΈαααααα½αααΆααΎαα
– ααΆαααΎαα‘αΎα αα·αααΆαααα
α»ααα Core Durable Goods Orders
– Durable Goods Orders ααΆαααΆααααααΆαα αααααααΆααΆααα½ααΆααΈαααα»αααΆααα·ααΆαααααααα·α
αα
αααααααΆαααα·ααααα αα·αα₯αααα·ααααΎααΆααα·αα·αααα’αΆααΈαααααααΆααΎαα
βοΈ ααααααααααΈ Core Durable Goods Orders
Core Durable Goods Orders α¬ααΆααΆααΆαααααα α
ααΆ ααΆαβαααααΆβαα·αβαααα·αβααααΎβααΆααβααΆαβααΌα ααΊααΆααΌα
ααΆααααααααα·α
αα
αααααΆαααααααΎαααααααα»αααααΆααααααΆαα·ααααα·αααΆαα½αα’αααααα·ααααααΆαααααα·αααααΎααααΆααααΆαααΌα (Durable Goodsβ) αααααΆαα’αΆαα»ααΆαα
αΆααααΈ 3 ααααΆαα‘αΎααα
α αααα·αβααΆααβαααβαα½αβααΆαββααααΏαβαααΆαααΈα αα»αααααΌααα αα·αβααΆααααα·αααΆααΎαα αααααΆααα·αααα Core Durable Goods Orders ααΊααΆααΆααααααααα·ααααααα·α
αα
αααα
αΆααααααααα ααααα’αΆαααα·ααααααααΎα‘αΎαααΎααααΈααααα αα·αααΆααααααααααααααΆαα§ααααΆα αααα ααΆαα·αααααΆαααα·ααααα·αααααΎααααΆααααΆαααΌα (Durable Goodsβ) αααααΆαααααααΆααα
ααΎααΉαααΈαα ααααα’αΆαααα·ααααα»αααααααααΆααααΆαααα½αα ααΆααααΆααααα·ααΆαααΆααααααΆαα·ααααα»ααααα»α αα·αα’ααααααΆαα·αααααΆαααααα·ααααααα·αααααααα»αα αα»ααααα»ααααα»ααα
αα ααααα’αΆαααα·ααααααα
βοΈ αααααααα Durable Goods
αααααΆαααΆαα·ααΆααααα·ααΆαααααααα·α
αα
(BEA) αααα·αααααΎααααΆααααΆαααΌαααΆαααΈααααααααΊα
– αααα·αααααΎααααΆααααΆαααΌααααααΆααα’αααααααΎααααΆααααΌαα
α ααΊααΆαααα·αααααα·αααααα»αααα αα·ααααα½ααΆαα αααα·αααΆααααααα½αααΆα ααααΏααααα αΆαα·α αααααα ααααΏαα’αα‘α·α
ααααΌαα·α
α’αΈαααΆαα ααααα
αα·αα§αααααααΈα‘αΆααΆααΎαα
– αααα·αααααΎααααΆααααΆαααΌααααααΆααα’αΆααΈαααααα αααα·αααααΎααααΆααααΆαααΌααααααΆααα’αΆααΈαααααααΊαααα
ααΎαααααα αα·αααα·ααααΆ (PPE) α αααα·αααΆααααααα½αααΆαααΌα
ααΆα§αααααα§ααααΆα ααααααΌα
ααΆαααΆαααΈα αα·αα§αααααα’αααα·αααΈααΆααΎαα αααα·αααΆααααααααα½ααααα
αΌαααΌα
ααΆααΌα α‘αΆαααΉααααα·α α‘αΆααααα»α αα·αααααα αααααααα
– αααα·ααα·αα’αΆα
ααααΎααααΆααααΆαααΌαα αααα·ααααααΆαα’αΆαα»ααΆαααΆααααααα·α
ααΆαααΈααααΆα α αΎααα½αααΆαααΌα
ααΆ α’αΆα αΆα αααααααααΆαα ααααΆαααα ααα·ααααααααααΆααααΆαααααα½αααα
βοΈ ααΎααΆααα»ααααα·αα’αααΈαααααααααΆαααααα
αΌααααα»α Durable Goods?
Durable Goods (αααα·αααααΎααααΆααααΆαααΌα) αα½αααΆα αααΆαααΈααααααα αααΆαααΈαααααα½α αααΆαααΈαααΆαα
αΆα αα»αααααΌααα ααΌααααααα ααΌαααΉααα αααααα α‘αΆαααΉααααα·α ααααΏαα’αα‘α·α
ααααΌαα·α ααααΏαα
ααα α§ααααα αα·αα§αααααα’αα‘α·α
ααααΌαα·αααααααααα α αΎαααΆααβααΆβαααα·αβαααβαα·αβααααΌαβααΆαβαα·αααΆβααΉαααΆααβααβ αααααβαααα·αααΆαααααααΆαα’αΆαα»ααΆαααΌαα
βοΈ ααΆαααααααΆαααΈ Core Durable Goods Orders
1. ααΆαααΎαα‘αΎααα Core Durable Goods Orders
– ααααΎα±ααααΆαααααΎαααααααα·α
αα
– αααααΎαααΆααα·αα·αααα’αΆααΈααααα αα·ααααα»αα
α·αααα’αααααααΎααααΆαα
– ααΆαααα·αααΆαααΆαααΎαα‘αΎα
– ααΆαααααΎαααα±ααΆαααΆαααΆαα
2. ααΆαααα
α»ααα Core Durable Goods Orders
– ααααΎα±ααααΆαααΆαααααΆααα
α»αααααααααα·α
αα
– ααΆαααα
α»αααααΆααα·αα·αααα’αΆααΈααααα αα·ααααα»αα
α·αααα’αααααααΎααααΆαα
– ααΆαααα·αααα
α»α
– α±ααΆαααΆαααΆαααΆαα
ααα½ααα·α
ααΆααα»αα
βοΈ ααΆααααααΆαααα Core Durable Goods Orders
Durable Goods Orders ααΆαααΆααααααΆαα ααααα
1. αα½ααΆααΈαααα»αααΆααα·ααΆαααααααα·α
αα
Core Durable Goods Orders ααΎααα½ααΆααΈαααΆαααααΆαααααα»αααΆααα·ααΆαααααααα·α
αα
αααααααΆαααααααΆααααααΉαα’αααΈαα»αααΆααααα·αααααα·ααααα αα·ααααααααΌαααΆαα
ααα’α»ααααα αΆαα’αααΈαα·ααααΆααΆαααααααα·α
αα
ααααΌααααΌααΆααααααα αααααΆααα·αααα ααΆααααΆααΌα
ααΆααααααααα·α
αα
ααααααΆαα αααα’αΆα
αα½ααααααααααα·α
αα
αα·ααΌ α’ααααααααΎαααααααααΆα αα·αα’ααααα·αα·αααα’αΆα
ααΆααααααα’αααΈααααΆαααΆαααααααα·α
αα
αα·αααααΎααΆααααααα
α
α·αααααααααααααααΉαααααΌαα
2. αααααααΆαααα·ααααα
ααα·αααααααΊααΆααΆαα»αααααααΆαααααΆααααααααααα·α
αα
αααα
αΌααα½αα
αααααααααΆαααΆα ααΆαααΆαα
αα αα·αααααΎαααααααα·α
αα
ααΆααααΌαα Core Durable Goods Orders ααααΆαααααΆαααααααααααΆαααα·ααααααααααα αα
αααααααα·αααααα Core Durable Goods Orders ααΎαα‘αΎα ααΆαααα αΆαααΆααΆαααΆααα·αα·αααααΎα’αΆααΈαααααααααααααααααααααα·αααΌα
ααΆ ααααΏααααΆαααΈα αα»αααααΌααα αα·αα§ααααααααααΆαααΆααααααΆαααααααΆααααα·αααααα ααααΎαααααΆααα·αα·ααααααα’αΆα
ααΆαα±ααααΆαααΆααααααΎααα·αααααααα·ααααα ααα·αααΆαααΆααααααααα αα·αααΆααααααΆαα»ααααααααα·α
αα
α
3. α₯αααα·ααααΎααΆααα·αα·αααα’αΆααΈααααα
ααΆααα·αα·αααααΎα’αΆααΈααααα ααΊααΆαααααΆαααα»αααααααΆααααααΆααααααΈαααααααα·α
αα
α αα
αααααααααααΌαααΆαα’αΆααΈαααααααΆααααα»αα
α·αααααΆαααα’ααΆαα αααααΉαααΆαααΆααα·αα·αααααΎαααα·αααααΎααααΆααααΆαααΌα (Durable Goodsβ) α
αααΎαααΆααα»αα ααΆαααΎαα‘αΎααα Core Durable Goods Orders α’αΆα
αααα αΆαααΈααΆααα»αα·αααα·αα·ααααα’αΆααΈαααααααΎαα‘αΎα ααααααα αΆαααΆαααα»αα αα»ααααα»ααααααΈαααααα·ααααα·ααΆααααααα½ααα α¬ααααΎααααΎαααααα§ααααααααααα½αααα αααα’αΆα
αααα»αα±ααααΆαααααΎαααααααα·α
αα
ααΆααααααΆααααα»ααααααααΆαααα·ααααα ααΆααααααΎαααΆαααΆα αα·ααααααααΆαααααααα·α
αα
ααΆααααΌαα
αααααΆααα·αααα ααΆαααααΆααα α»ααα Core Durable Goods Orders α’αΆα ααΆαααααΆαααα αΆαααΈααΆααααααααα»αα α·ααααααα»αα’αΆααΈαααααα ααααα·αααΎαααα»αα αα»ααααααΆαααα α¬αααααΈαααΆααα·αα·ααααααααα½ααααα αααα»αααΆαααα·ααααα·αααααΎααααΆααααΆαααΌα (Durable Goods) αααααΆα’αΆα αααα αΆαααΈααΆααα·αα αααΆααααΆαα α¬ααΆαααααΆααα α»ααααααααΆαα»ααααααααααααα·α αα αααααα αααα’αΆα ααα₯αααα·αααααααααααα·α αα αααααΆαααααααΆαααΆα ααααΆαααααα½α αα·αααΆαα αααΆαααααα’αααααααΎααααΆααα
ααα»ααα ααΆααααααΆαααα Core Durable Goods Orders αααααααΌαααΆααααααΉαα’αααΈαα·αααααα·ααααα αα·ααααΆααΆααα·αα·αααα’αΆααΈααααα αα·αααααΎαααααααα·α αα αααααΆααααααΆαα»ααα α’ααααα·ααΆαα’αΆα ααΆααααααααΆααααααΎαααΆααα»αα’αααΈααΆαααααΆαα α¬ααΆααααααααααα αααα»αααΌαααααΆαααααΉαααααααααα·α αα αα·αααααΎααΆαααααΆααααααΆαααα’ααΆααααΆαα Core Durable Goods Orders αααααααΆαααΆααααααΆαααααααΆααα’ααααααααΎαααααααααΆα αα·αα·αααα·α αα·αα’ααααααα αΆααα’αΆαααααααααα»αααΆααααααΉαα’αααΈαα·αααααΆαααααααα·α αα ααΆααααααα
βοΈ αα·ααααααα
ααααααΆαααααΈα
πΊπΈ U.S. Core Durable Goods Orders MoM: 0.6% (27 ααααααΆ 2023) β 0.3% (26 ααααΆ 2023)
| English Version |
βοΈ Key takeaway
– Core Durable Goods Orders is an economic indicator that measures the total value of orders placed with manufacturers for durable goods, which are products with a lifespan of three years or more.
– There are three types of durable goods which are consumer durable goods, business durable goods, and nondurable goods.
– Durable goods include washers, dryers, and so on.
– Increase and decrease in durable goods orders
– Durable goods orders are significant because it is a role in economic analysis, a relationship to manufacturing activity, and an impact on business investment.
βοΈUnderstand about Core Durable Goods Orders
Core Durable Goods Orders is an economic indicator that measures the total value of orders placed with manufacturers for durable goods, which are products with a lifespan of three years or more. These goods include items like appliances, machinery, computers, and vehicles. It is a US monthly economic survey conducted to identify and measure industrial activity, especially the manufacturing of durable goods, prevailing on the US in a given period. It also measures the local and international order volume for goods manufactured by domestic companies in the US.
βοΈ Types of Durable Goods
According to the Bureau of Economic Analysis (BEA), there are three types of durable goods, which are:
– Consumer durable goods: goods bought by individuals and households. They include furniture, automobiles, electronics, luggage, books, and sports equipment.
– Business durable goods: durable goods uses by businesses are plant, property and equipment (PPE). They include industrial equipment such as machinery and electrical apparatus. They also include boats, trucks, buses, and aircraft.
– Nondurable goods: goods that are known to last less than three years on average and include goods such as food, clothing, tobacco, personal care products, etc.
βοΈ What is included in Durable Goods?
Durable goods include washers, dryers, dishwashers, computers, televisions, refrigerators, cars, trucks, other electronics, machinery, tools, and semiconductors. Durable goods are those that are not purchased frequently as they last a long time.
βοΈ Interpretation of Core Durable Goods Orders
1. Increase in Core Durable Goods Orders
– It signifies an economy trending upwards.
– Increase in business investment and consumer confidence
– Manufacturing continues to grow
– More manufacturing jobs were created
2. Decrease in Core Durable Goods Orders
– It signifies an economy trending downwards.
– Decrease in business investment and consumer confidence
– Slowdown in manufacturing
– Less manufacturing jobs were created
βοΈ Significance of Core Durable Goods Orders
Durable goods orders is significant because:
1. Role in Economic Analysis
Core durable goods orders play a crucial role in economic analysis because they offer insights into the health of the manufacturing sector and provide indications about broader economic trends. As a key economic indicator, core durable goods orders help economists, policymakers, and investors assess the state of the economy and make informed decisions.
2. Relationship to Manufacturing Activity
Manufacturing is a foundational component of many economies, contributing to employment, exports, and overall economic growth. Core durable goods orders serve as a barometer of manufacturing activity. When core orders increase, it suggests that businesses are investing in capital goods like machinery, computers, and equipment, which are essential for production. This growth in investment can lead to increased manufacturing output, higher productivity, and a potentially positive multiplier effect throughout the economy.
3. Impact on Business Investment
Business investment is a critical driver of economic expansion. When businesses are confident about future demand, they are more likely to invest in durable goods. An uptick in core durable goods orders can signal increased business optimism, indicating that companies are expanding their operations or modernizing their equipment. This, in turn, can stimulate economic growth by boosting production capacity, job creation, and overall economic activity.
On the other hand, a decline in core durable goods orders might signal a lack of confidence among businesses. If companies are postponing or scaling back their investments in durable goods, it could suggest economic uncertainty or a potential slowdown. This can have a ripple effect throughout the economy, affecting employment, wages, and consumer spending.
In summary, the significance of core durable goods orders lies in its ability to provide insights into the manufacturing sector, business investment trends, and potential economic growth. By focusing on the core orders and excluding transportation, analysts can better assess the underlying strength or weakness in the economy’s foundation and make informed predictions about its future trajectory. This information is vital for policymakers, investors, and anyone interested in understanding the broader economic landscape.
βοΈ Recent updates
πΊπΈ U.S. Core Durable Goods Orders MoM: 0.6% (27 Jul 2023) to 0.3% (26 April 2023)