Durable Goods Orders During March 2022
The Durable Goods Orders report for March 2022 was released by the Commerce Department this morning:
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Predicted: +1.1%
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Predicted: +1.1%
- Actual: $272,718,000,000 (+$2,295,000,000 [+0.842%])
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CHART: Durable Goods Orders
March 2022 Update
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From Today's Report:
"...Excluding transportation, new orders increased 1.1 percent. Excluding defense, new orders increased 1.2 percent. Computers and electronic products, up two of the last three months, led the increase, $0.7 billion or 2.6 percent to $26.3 billion..."
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The yellow-highlighted figures represent the dollar amount of new orders
for durable or hard goods for immediate or future delivery from U.S.
manufacturers, along with both the dollar and month-to-month percentage
change.
Examples of durable goods: cars, airplanes, computers, furniture -- items that are built to last at least three years.
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Labels: Coronavirus, COVID-19, COVID19, durable_goods_orders, hard_data, manufacturing, Pandemic
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