Transportation equipment has been up for three consecutive months and led the increases month with a gain of $26.5 billion or 27% to $124.6 billion
March durable goods shipments rose for the 4th straight month, up $0.2B (+0.1%) to $293.0B
Primary metals led gains, up $0.2B (+0.8%) to $27.8B, rising in 6 of the past 7 months
Rose $27.7B (+2.0%) to $1,429.6B in March (up 8 of last 9 months)
Inventories (Durable Goods)
Machinery led the gain: +$0.2B (+0.2%) to $94.5B
New orders surged $26.1B (+29.4%) to $114.9B
Unfilled orders rose $28.8B (+3.4%) to $875.6B
Capital Goods (Defense)
Shipments dipped slightly (-0.2%) to $14.6B
Inventories rose $0.3B (+1.1%) to $27.2B
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US March advanced durable goods orders 9.2% versus 2.0% estimate. )
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