Fiper | Durable Goods 27/9/2022

This indicator is derived from durable goods orders from which transportation items are omitted. Demands for aircraft increase at periodic intervals and can completely distort the general trend of this indicator
New orders for durable goods manufactured in the US were unexpectedly unchanged from the previous month in July of 2022, disappointing market expectations for a 0.6% increase and after an upwardly revised 2.2% increase in June. It was the first in five months that orders showed no growth due to a 0.7 percent drop in transportation equipment orders. Excluding transportation, new orders rose 0.3% and excluding defense, new orders rose 1.2%. Demands for non-defense capital goods excluding aircraft, a proxy for investment in equipment, increased 0.4 percent, easing a 0.9 percent advance in June but slightly above expectations of 0.3 percent.

Expectations for today's statement and how it affects the currency

Expectations for today's statement indicate a rate of 0.3%, an increase from the previous data, which was 0.1%.

If the statement is issued less than expectations, it will have a negative impact on the currency, and if the statement is issued higher than expectations, this will affect in a positive way on the currency