Posted May 24, 2024
Durable goods orders up 0.7%
New orders for manufactured durable goods in April, up three consecutive months, increased $1.9 billion or 0.7% to $284.1 billion, the U.S. Census Bureau announced.
This followed a 0.8% March increase.
Excluding transportation, new orders increased 0.4%. Excluding defense, new orders were virtually unchanged.
Transportation equipment, also up three consecutive months, led the increase, $1.1 billion or 1.2% to $96.2 billion.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GME Supply. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Howard Coleman, as well as interviews with numerous product and distribution industry experts.
