Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods increased 3.0 percent (nonannualized) in March, following an upwardly revised 0.7 percent gain in February. Year-over-year new order growth rose 11.5 percent compared to 10.2 percent in February. Excluding transportation, new orders jumped 2.6 percent in March and are up 9.8 percent over the past year. Nondefense capital goods excluding aircraft orders rose 4.1 percent. Durable and nondurable goods orders increased 2.9 percent and 3.1 percent, respectively. Shipments of manufactured goods increased 2.7 percent in March, following a 0.6 percent increase in February. Inventories continued to pile up, increasing 1.1 percent, and are up 10.3 percent over the past year.