Transporation equipment leads March rise in orders
March new orders for manufactured durable goods increased $26.6 billion or 9.2% to $315.7 billion, the U.S. Census Bureau announced.
Order have been up for three consecutive months. March orders followed a 0.9% February increase.
Excluding transportation, new orders were virtually unchanged. Excluding defense, new orders increased 10.4%. Transportation equipment, also up three consecutive months, led the increase, $26.5 billion or 27.0% to $124.6 billion.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about the ISA's Veterans Empowerment Network. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
