Durable Goods New Orders – Long-Term Charts Through August 2023

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator.

For reference, below are two charts depicting this measure.

First, from the St. Louis Fed site (FRED), a chart through August 2023, updated on September 27, 2023. This value is $284,749 ($ Millions):

(click on charts to enlarge images)

Durable Goods New Orders 284,749

Second, here is the chart depicting this measure on a “Percent Change from a Year Ago” basis, with a last value of 3.5%:

DGORDER 3.5 Percent Change From Year Ago

Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Manufacturers’ New Orders:  Durable Goods [DGORDER]; U.S. Department of Commerce: Census Bureau; accessed September 27, 2023; 


I post various indicators and indices because I believe they should be carefully monitored.  However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.


The Special Note summarizes my overall thoughts about our economic situation

SPX at 4274.51 as this post is written