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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 April 2026, Durable Goods (Durable Goods YoY %) stands at 17.3% — up from 0.8% 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.

Source
Census Bureau via FRED (DGORDER), monthly, seasonally adjusted
Methodology
Manufacturers' New Orders: Durable Goods
Updates
With every release
Last: 2026-04-01
Durable Goods2026-04-01
17.3%
from 0.8%

Durable Goods YoY %

All-time high 52.9% (2021-04)
All-time low -37.7% (2009-03)
Since 1994
Observations 388

Next release: Jun 25, 2026

01

Full history

Range:
Durable Goods YoY %SPY price (right, since 1993)
02

How to read it

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.

03

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 2026-06-09. See our methodology for the standards every series on the site is held to.

Category
Growth
Frequency
Monthly
Source
Census
Download CSV
04

Related indicators

All economic indicators
05

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.