New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion, the U.S. Census Bureau announced today. This increase, up two consecutive months, followed a 2.1 percent February increase. Excluding transportation, new orders increased 2.0 percent. Excluding defense, new orders increased 1.8 percent.
Transportation equipment, also up two consecutive months, led the increase, $2.8 billion or 4.0 percent to $74.1 billion.
The revised seasonally adjusted February figure for all manufacturing industries for new orders was $489.0 billion, revised from $488.8 billion.
To read the full release, go to https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf