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Economy/Durable Goods
GrowthUpdated with every release

Durable Goods Orders

Durable goods orders count the value of new orders placed with US manufacturers for goods meant to last three years or more — aircraft, vehicles, machinery, electronics. Because orders precede production, the series leads manufacturing activity, and businesses only commit to expensive, long-lived equipment when they are confident about future demand.

Latest reading

As of May 2026, Durable Goods (Durable goods orders ($)) stands at $332B — down from $348B the prior reading. The headline is volatile thanks to lumpy aircraft and defense orders, so the cleaner signal is core capital goods (non-defense, ex-aircraft) or the ex-transportation cut. Use year-over-year comparisons to see the trend; double-digit YoY growth marks robust investment, while sustained declines below -5% flag recession risk. Rising order backlogs point to strong demand ahead. Series history runs from 1993 to present.

Sources, methodology & freshnessLast updated 2026-07-24 · Open ↓
Source
Census Bureau via FRED (DGORDER), monthly, seasonally adjusted
Methodology
Complete monthly history, charted as released — release-dated readings, no smoothing or adjustment beyond what the chart legend states
Updates
Monthly, with every releaseLast: 2026-07-24
Maintained & reviewed by Yuriy Matso — methodology shown on the page.
Durable GoodsReleased 2026-07-02covers May 2026
$332B
from $348B

Durable goods orders ($)

YoY %
-3.4%
All-time high $348B (2026-04)
All-time low $122B (1993-01)
Since 1993
Observations 401

Next release: Jul 27, 2026

01

Full history

Range:

Orders level ($)

Durable goods orders ($)SPY price (right, since 1993)

Year-over-year %

The annual growth rate. Shaded zones split growth (green, above 0%) from decline (red, below 0%) — cliff-edge drops below zero tend to lead recessions.

Durable Goods YoY %SPY price (right, since 1993)Zero line
02

Methodology & data

Durable Goods is sourced from Census via the Federal Reserve's FRED service (Census Bureau via FRED (DGORDER), monthly, seasonally adjusted). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Every reading is stamped with its release date, last updated 2026-07-24. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.

03

Frequently asked questions

What is the Durable Goods Orders?

Durable goods orders count the value of new orders placed with US manufacturers for goods meant to last three years or more — aircraft, vehicles, machinery, electronics. Because orders precede production, the series leads manufacturing activity, and businesses only commit to expensive, long-lived equipment when they are confident about future demand.

How do you read Durable Goods?

The headline is volatile thanks to lumpy aircraft and defense orders, so the cleaner signal is core capital goods (non-defense, ex-aircraft) or the ex-transportation cut. Use year-over-year comparisons to see the trend; double-digit YoY growth marks robust investment, while sustained declines below -5% flag recession risk. Rising order backlogs point to strong demand ahead.

Where does the Durable Goods data come from?

Census Bureau via FRED (DGORDER), monthly, seasonally adjusted. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/durable-goods-orders.csv.

How often is Durable Goods updated?

Durable Goods is a monthly series from Census, refreshed here as soon as a new release posts to FRED.

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