Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods increased 1.3 percent (nonannualized) in March, following an upwardly revised 1.3 percent jump in February. New orders excluding transportation rose 3.1 percent in March and are now up 15.6 percent over the past year. Orders for nondefense capital goods excluding aircraft increased 2.3 percent in March with the 12-month growth rate up 4.9 percent. Manufacturers’ shipments increased 2.2 percent during the month, while inventories rose 0.3 percent. The I/S ratio for manufactured goods continues to decline from its peak reading of 1.47 months in January 2009 to 1.27 months.