Джерело U.S. Census Bureau of the Department of Commerce
The index reflects the alteration of the amount of orders, for the durable goods received by manufacturers (the goods with the length of life more than 3 years, such as cars, furniture, various appliances, etc.).
The index is a very important marketfactor,since it gives an idea of the production consumers’ confidence in the existing economic situation. Since the durable goods are quite expensive, the increased amount of orders for such goods demonstrates the consumers’ readinessfor the expenses.
The index calculation has aseparatedisplay ofthe orders alteration, excluding transport and the defense industry orders, what makes it more volatile.
Вплив на ринок
The index growth is a positive factor of the economic development.
The index significant variance from the forecasted values may have a strong effect on the markets. Depending on the market situation the index value may be both positive and negative for the Dollar.