Keeping you up to date on the latest data releases.
- Durable Goods
New orders for durable goods increased 0.8 percent in April, following an increase of 3.6 percent in March. Over the past year, new orders are up 4.9 percent. New orders for defense aircraft and parts lead the monthly increase, rising 13.1 percent in April. Excluding volatile transportation equipment orders, new orders were up 0.1 percent, following a 1.4 percent increase in March. Orders for nondefense capital goods excluding aircraft, which is used to evaluate the near-term outlook in equipment and software investment, fell 1.2 percent in April after growing 4.7 percent in March. Shipments of durable goods, which are up 3.8 percent over the past year, fell 0.2 percent in April. Shipments of nondefense capital goods excluding aircraft, which map directly into GDP, fell 0.4 percent in April, and are up 3.0 percent year-over-year.