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Macro Risk Factor - New Durable Goods Orders
Macro Risk Factor - New Durable Goods Orders
Durable goods are those items that will last for a long time, such as cars and furniture. The number of orders for new durable goods each month is recorded by the Institute for Supply Management. The ISM then reports how many new durable goods are ordered in a particular month as opposed to the month previous. This ratio is seasonally adjusted.
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Measuring "The Economy"
We use 18 key macro-economic factors (MacroRisk Factors) to measure the impact of the
overall economy on individual stocks, funds, indices.
