Durable Goods Orders Rose 0.8% in March

Washington, DC, April 26, 2022-New orders for manufactured durable goods in March increased $2.3 billion or 0.8% to $275.0 billion, the U.S. Census Bureau announced.

This increase, up five of the last six months, followed a 1.7% February decrease. Excluding transportation, new orders increased 1.1%. Excluding defense, new orders increased 1.2%. Computers and electronic products, up two of the last three months, led the increase, $0.7 billion or 2.6% to $26.3 billion.

Shipments of manufactured durable goods in March, up ten of the last eleven months, increased $3.3 billion or 1.2% to $274.2 billion. This followed a 0.1% February increase. Transportation equipment, up five of the last six months, led the increase, $1.9 billion or 2.4% to $80.0 billion.

Unfilled orders for manufactured durable goods in March, up fourteen consecutive months, increased $5.3 billion or 0.4% to $1,294.6 billion. This followed a 0.5% February increase. Transportation equipment, up thirteen of the last fourteen months, led the increase, $3.7 billion or 0.4% to $857.6 billion.

Inventories of manufactured durable goods in March, up fourteen consecutive months, increased $3.3 billion or 0.7% to $482.9 billion. This followed a 0.6% February increase. Transportation equipment, up four of the last five months, led the increase, $1.5 billion or 1.0% to $156.0 billion.