Core Durable Goods Orders (USD) – 25/03

 

What is it? It checks the change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items.

It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders.

When? March 25th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

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