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Manufacturers' New Orders: Durable Goods DGORDER

Millions of Dollars • Monthly • Seasonally Adjusted
Source: FRED | Last updated: 2025-09-25 07:32:03-05 | 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

No observations available.

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.