Posted April 24, 2024
Durable goods orders up again
New orders for manufactured durable goods in March, up two consecutive months, increased $7.3 billion or 2.6% to $283.4 billion, the U.S. Census Bureau announced today.
This followed a 0.7% February increase.
Excluding transportation, new orders increased 0.2%. Excluding defense, new orders increased 2.3%.
Transportation equipment, also up two consecutive months, led the increase, $6.8 billion or 7.7% to $95.9 billion.