Source Census Bureau (latest release)
Measures Change in the total value of new purchase orders placed with manufacturers;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 35 days after the month ends;
Next Release Dec 5, 2014
FF Notes This report contains a revision of the Durable Goods Orders data released about a week earlier, and fresh data regarding non-durable goods;
Why Traders
Care It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;