Core Capital Goods New Orders Nondefense Excluding Aircraft - United States
United States
82.5K
Value
-0.97%
Change
Federal Reserve (FRED)
Source
Monthly
Frequency
USD Millions
Unit
Seasonally adjusted new orders for nondefense capital goods excluding aircraft, widely regarded as the best proxy for core business investment spending. By removing volatile aircraft and defense orders, this metric reveals underlying business confidence in equipment spending. Considered a leading indicator for future business fixed investment reported in quarterly GDP.
Loading Modern Dashboard...
🔒
Ready to Trade Smarter?
Track real-time indicators and market data. Compare economies. Unlock premium insights. All in one place — just log in to continue.
