Durable Goods Orders ex Defense
Updated: 23 Nov, 1:30 pm UTC
Source: United States
The Durable Goods Orders excluding Defense, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the defense sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.