Durable goods are items that are expected to last for more than three years and require huge investments, so the increase in durable goods orders means optimism industrial companies for the future of the U.S. economy and therefore the report of durable goods is one of the most important economic reports which give a clear picture of the performance of the industrial sector current, and even to predict the extent of improvement or decline in performance in the future.
Release date:
The report on a monthly basis, but released after 26 days from the end of the month.
Type Indicator:
Production index.
Source of the report:
The degree of influence:
Average impact, and if the real value of the index at the larger-than-expected issuance currency be positive, but if the real value of the index when it is published less than expected to be negative for the currency.
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