empty
 
 

2015.04.2408:41:00UTC+00U.S. Durable Goods Orders Jump Much More Than Expected In March

New orders for U.S. manufactured durable goods increased by much more than expected in the month of March, according to a report released by the Commerce Department on Friday, although the jump was primarily due to strength in the volatile transportation sector.

The report said durable goods orders surged up by 4.0 percent in March after slumping by 1.4 percent in February. Economists had expected orders to edge up by just 0.5 percent.

However, excluding a 13.5 percent jump in orders for transportation equipment, durable goods orders actually fell by 0.2 percent in March compared to a 1.3 percent drop in the previous month. Ex-transportation orders had been expected to rise by 0.3 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback