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Thursday, May 4, 2017

Manufactured Goods Orders Rose in March

New orders for manufactured goods increased 0.2% to $478.2 billion in March, according to the U.S. Census Bureau. The March reading followed a 1.2% February increase. 
New orders for manufactured durable goods rose 0.9% to $239.4 billion, the third consecutive month of growth. Orders for transportation equipment drove the increase, rising 2.6% to $83.6 billion.

Shipments of manufactured durable goods increased 0.3% to $240.1 billion. This was the third consecutive month of marginal growth.

Inventories of manufactured durable goods increased 0.2% to $386.0 billion.

Read the Census release.
Visit Banks and the Economy.

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