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Glossary Term: DURABLE GOODS ORDERS

Definition(s) for DURABLE GOODS ORDERS:


1. ) refers to the durable goods orders data measure the number of new orders for goods intended to last at least three years placed with domestic manufacturers for immediate and future delivery. The financial markets view this report as an excellent indicator of manufacturing sector trends. It is provided by the Census Bureau and U.S. Department of Commerce near the end of each month for the prior month's orders.

2. ) Reflect the new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods.



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