New orders for manufactured durable goods in March, up following two consecutive monthly decreases, increased 3.2% to $276.4 billion, the U.S. Census Bureau announced today. This followed a 1.2% February decrease. Excluding transportation, new orders increased 0.3%. Excluding defense, new orders increased 3.5%. Transportation equipment, also up following two consecutive monthly decreases, led the increase, 9.1% to $97.4 billion.
Shipments of manufactured durable goods in March, up following two consecutive monthly decreases, increased 1.1% to $277.0 billion. This followed a 0.8% February decrease.
Inventories of manufactured durable goods in March, down two of the last three months, decreased 0.9% to $488.8 billion. This followed a 0.1% February increase.
Read the Census release.