Source: The Census Bureau of the Department of Commerce.
Release Time: 8:30 ET around the 26th of the month (data for month prior).
Durable Goods Orders reflect the dollar volume of orders, shipments, and unfilled orders of durable goods. Orders are believed to be a leading indicator of activity in the manufacturing sector because manufacturers need orders before increasing production. Orders data is exremely volatile. The data is also known to be prone to large revisions when the complete information becomes available the following week.