Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods increased 2.6 percent in March, following an increase of 2.1 percent in February. Over the past year, new orders are up 3.6 percent. New orders for computers and electronics products lead the monthly increase, rising 5.7 percent in March. Excluding volatile transportation equipment orders, new orders were up 2.0 percent, following a slight increase of 0.1 percent in February. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, rose 2.3 percent in March after falling 1.1 percent in February. Shipments of durable goods, which are up 3.6 percent over the past year, rose 1.1 percent in March. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, rose 1.0 percent in March and are up 1.6 percent year-over-year.