Monday's Economic Calendar: Durable Goods Orders Expected to Rise
On Monday, the economic calendar features a report on durable goods orders, which reflect new domestic manufacturing activity for factory hard goods. Analysts anticipate continued strength in core capital goods orders, with an expected 0.9 percent increase driven by ongoing investments related to AI development and infrastructure expansion. The broader total durable goods orders are also projected to rise, signaling sustained demand across the sector. This data is closely watched as it provides insight into manufacturing health and business investment trends, which can influence market sentiment for industrial stocks and overall economic growth expectations.
Topics: AI capital expenditures economic indicators manufacturing