Core Durable Goods Orders (MoM) (US)
The monthly Core Durable Goods (MoM) report is released by the U.S. Census Bureau. It is based upon the cost of orders received by the manufacturing sector for goods with a lifespan greater than or equal to three years.The Core Durable Goods report does not factor the transportation industry into calculations. It is a key metric facing domestic economic growth, as durable goods typically involve a substantial investment. High levels are bullish for the USD and low levels bearish.