U.S. Markets closed

Are New Tax Rules Pushing Durable Goods Orders Higher?

Ricky Cove
Are New Tax Rules Pushing Durable Goods Orders Higher?

Durable goods orders are an economic indicator that shows new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau publishes this report and the data required to prepare this report is collated from the US Census Bureau’s “Manufacturers’ Shipments, Inventories, and Orders (M3)” survey. The durable goods orders report for March was released on April 26.