New orders for manufactured goods in March, up ten of the last eleven months, increased $5.8 billion or 1.1% to $512.9 billion, the U.S. Department of Commerce reported. This followed a 0.5% February decrease.
New orders for manufactured durable goods in March, up ten of the last eleven months, increased $2.0 billion or 0.8% to $256.9 billion, up from the previously published 0.5% increase. This followed a 0.9% February decrease. Fabricated metal products, up six of the last seven months, led the increase, $1.4 billion or 4.0% to $35.4 billion.