A category that tracks business investment -- orders for nondefense capital goods excluding aircraft -- rose 1.1% in January after falling December and being flat in November. Durable goods orders also posted a strong finish to 2017, with the biggest monthly rise in December since June 2017, thanks to sharp gains in aircraft and defense orders. Core capital goods orders (nondefense excluding aircraft), a forward-looking indicator of business equipment spending, fell slightly, ending a string of five consecutive Excluding transportation, new durable orders edged up 0.2 percent in July. Encouragingly, new orders for core capital goods (or nondefense capital goods excluding aircraft) jumped 1.4 percent, its strongest monthly gain since April. The latter measure is often seen as a proxy for capital spending in the U.S. economy. Nondefense Aircraft New Orders Orders Manufacturer's Shipments, Inventories, & Orders Surv. Headline Figure Capital New Goods Manufacturing Census Seasonally Adjusted Monthly Nation United States of America Public Domain: Citation Requested Nondefense Aircraft New Orders Orders Manufacturer's Shipments, Inventories, & Orders Surv. Headline Figure Capital New Goods Manufacturing Census Seasonally Adjusted Monthly United States of America Public Domain: Citation Requested Nation.
In the top pane is this month's latest Manufacturer's New Orders: Nondefense Capital Goods, compared against the SPX, both on a Monthly timeframe. Plotted in the second pane is the rolling 12 month percent change in new orders. Note that this data is as of 6-14 but is the newest published data. b) Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft because new orders for defense goods and aircraft tend to change very slowly. c) Manufacturers' New Orders, Durable Goods because new orders for nondefense goods and aircraft depend primarily on Congressional action. Capital Goods . Nondefense new orders for capital goods in January increased $8.0 billion or 12.4 percent to $72.7 billion. Shipments decreased $1.3 billion or 1.7 percent to $73.5 billion. Unfilled orders decreased $0.9 billion or 0.1 percent to $670.9 billion. Inventories decreased $0.4 billion or 0.2 percent to $198.5 billion. Defense
Excluding transportation, new durable orders edged up 0.2 percent in July. Encouragingly, new orders for core capital goods (or nondefense capital goods excluding aircraft) jumped 1.4 percent, its strongest monthly gain since April. The latter measure is often seen as a proxy for capital spending in the U.S. economy. Nondefense Aircraft New Orders Orders Manufacturer's Shipments, Inventories, & Orders Surv. Headline Figure Capital New Goods Manufacturing Census Seasonally Adjusted Monthly Nation United States of America Public Domain: Citation Requested Nondefense Aircraft New Orders Orders Manufacturer's Shipments, Inventories, & Orders Surv. Headline Figure Capital New Goods Manufacturing Census Seasonally Adjusted Monthly United States of America Public Domain: Citation Requested Nation. U.S. Census Bureau, Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft [NEWORDER], retrieved from FRED, Federal Reserve Bank of St. Louis Core Capital Goods New Orders (nondefense capital goods used in the production of goods or services, excluding aircraft) is an important gauge of business spending, often referred to as Core Capex. It is up 1.1% MoM and up 0.9% YoY.
Orders for non-defense capital goods excluding aircraft slipped 0.1 percent, pulled down by declining demand for machinery and computers and electronic products. Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, tumbled 1.6 percent in February. A category that tracks business investment -- orders for nondefense capital goods excluding aircraft -- rose 1.1% in January after falling December and being flat in November. New orders for nondefense capital goods excluding aircraft, a proxy for business investment, rose 1.1 percent in January following a drop of 0.5 percent in December. This key category has also been trending flat since mid-2018, hovering at just under $70 billion (see chart). US Nondefense Capital Goods Excluding Aircraft New Orders: US Nondefense Capital Goods Excluding Aircraft New Orders is at a current level of 69.58B, up from 69.43B last month. This represents a monthly annualized growth rate of 2.58%, compared to a long term average annualized growth rate of 3.23%.
21 Dec 2018 The Commerce Department reported Friday that orders for nondefense capital goods excluding aircraft, known as core capital goods, fell 0.6%, 27 Sep 2018 The Commerce Department said on Thursday that orders for non-defense capital goods excluding aircraft, a closely watched proxy for business 27 Jul 2016 Unfilled orders for non-defense capital goods equipment excluding aircraft fell 0.2% after a 0.4% decrease. • Inventories of durable goods 13 Jan 2020 Inventories in nondefense capital goods excluding aircraft industry fall order backlog/unfilled orders, end-of-month total inventory, materials