New orders for the US manufactured durable goods bounced back in March, rising by 0.8% after falling by a revised 1.7% in February.
- Durable goods, excluding orders for transportation equipment, rose by 1.1% in March after decreasing by 0.5% in February.
- Shipments of manufactured durable goods rose by 1.2% to $274.2 billion in March after a 0.1% jump in February.
- Inventories of manufactured durable goods also rose by 0.7% to $482.9 billion in March, slightly higher than the 0.6% increase in February. Inventories for transportation equipment increased by 1.0%.
- Unfilled orders for durable goods increased by $5.3 billion in March to $1,294.6 billion.
New orders for nondefense capital goods dropped by 0.5% to $90.0 billion. Defense new orders for capital goods fell by 5.6% to $11.3 billion.
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Source: US Census Bureau