Durable Goods Up 0.8% in March

Washington, DC, April 26, 2016—New orders for manufactured durable goods in March increased $1.8 billion or 0.8% to $230.7 billion, the U.S. Census Bureau has announced.

This increase, up two of the last three months, followed a 3.1% February decrease.

Excluding transportation, new orders decreased 0.2%. Excluding defense, new orders decreased 1.0%.

Transportation equipment, also up two of the last three months, drove the increase, $2.2 billion or 2.9% to $76.0 billion.

Shipments of manufactured durable goods in March, down three of the last four months, decreased $1.1 billion or 0.5% to $237.0 billion. This followed a 1.0% February decrease.

Transportation equipment, also down three of the last four months, drove the decrease, $1.4 billion or 1.8% to $77.5 billion.