Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods decreased 1.2 percent (nonannualized) in April. Year-over-year new order growth rose 10.5 percent, down from 13.8 percent in March. New orders for nondefense capital goods decreased 7.1 percent in April and increased 4.9 percent on a year over year basis. Durable goods orders decreased 3.6 percent while nondurables rose 0.7 percent in April. Shipments of manufactured goods fell 0.2 percent in April. In April, inventory stocks continued to accumulate, increasing 1.3 percent and are up 12.3 percent over the past year.