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Manufacturers' New Orders: Durable Goods DGORDER

Millions of Dollars • Monthly • Seasonally Adjusted
Source: FRED | Last updated: 2025-10-02 09:11:36-05 | Range: 1992-02-01 → 2025-08-01

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Trend
Momentum

Trend Heat Strip & Seasonality

YoY Heat Strip

≤ −5% Decline > +5% Growth

Seasonality (Average by Month)

What am I looking at?

What it shows: the average level of the series for each calendar month (Jan…Dec) across the full history.

  • Computation: for each month m, take the mean of all observations whose calendar month = m (all years equally weighted).
  • Interpretation:
    • Not seasonally adjusted (NSA): clear recurring peaks/troughs by month.
    • Seasonally adjusted (SA): should be fairly flat (seasonality already removed).
  • Caveats: uses raw levels, so long-run trend can dominate; best for monthly series. For a relative view, consider a seasonal index (month_mean ÷ overall_mean − 1) or limit to the last N years.

Distribution & Extremes

Histogram of Monthly Changes

Context

Recent Prints

DateValueMoMYoY

Release

Manufacturer's Shipments, Inventories, and Orders (M3) Survey
See full release page
Typical schedule and next expected date may vary; check the release page for official timing.