Durable goods orders increase
New orders for manufactured durable goods increased 2.2 percent in February to $229.4 billion, the U.S. Census Bureau announced.
The increase following two consecutive monthly decreases and was led by new orders for transportation equipment, which increased by 6.9 percent to $71.4 billion.
Excluding transportation, new orders increased 0.2 percent. Excluding defense, new orders increased 1.8 percent.
Shipments of manufactured durable goods also increased during the month by 0.9 percent to $234.0 billion.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
