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Factory Orders

The indicator signals industrial demand on durables and non-durables. This indicator increase characterises production activity and its possible growth, while its decrease signals phase-down. That is why currency rate rises on this indicator increase and falls on decrease. This indicator includes Durable Goods Orders and Non-durable goods orders. Durable Goods Orders include goods with intended lifespan of more than 3 years (cars, furniture, building materials), which make more than 50 of the total. Non-durable goods orders include food, clothes, light industrial goods etc. Factory Orders characterise production activity. Increase in the indicator is a positive factor for the economy, while decrease in the indicator signals decline.

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