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Will Tax Cut Tailwinds Continue to Help Durable Goods Orders?

Ricky Cove
Will Tax Cut Tailwinds Continue to Help Durable Goods Orders?

Durable goods orders, a key economic indicator, are the new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau conducts its “Manufacturers’ Shipments, Inventories, and Orders” survey and publishes the durable goods orders data. A total of 3,000 American manufacturers from 92 different industries are surveyed for this report.