A separate release showed
March factory orders increased more than expected.
Not exact matches
Economists polled by Reuters had forecast
factory orders increasing 1.4 percent in
March.
Already in
March most indicators have disappointed: the U.S. economy added a dismal 88,000 jobs last month, less than half as many as analysts expected; retail sales dropped 0.4 %, the largest decline since June of 2012; and this week durable goods
orders, out last Wednesday, plunged 5.7 %, nearly twice the tumble expected and likely a sign that U.S.
factories have entered a slump.
Factory orders were up 2.1 % in
March, largely due to high demand for transportation equipment.
Factory Orders, March 2018: «February and March were good for the nation's factory sector with new orders up 1.6 percent in both
Factory Orders, March 2018: «February and March were good for the nation's factory sector with new orders up 1.6 percent in both m
Orders,
March 2018: «February and
March were good for the nation's
factory sector with new orders up 1.6 percent in both
factory sector with new
orders up 1.6 percent in both m
orders up 1.6 percent in both months.
WASHINGTON (Reuters)- New
orders for U.S.
factory goods recorded their biggest increase in eight months in
March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar.
Excluding
orders for defense goods and civilian aircraft, core
factory orders fell a revised 0.4 % in
March, down from the initial estimate of a 0.1 % decline.
Supporting the cautious optimism,
order books at
factories rose a bit in
March after three straight months of declines.
Factory orders for
March also rose.
WASHINGTON (MNI)- The value of new
factory orders saw a 1.6 % increase in
March, up seven of the last eight months, and rising higher than the 1.4 % gain expected by analysts in an MNI survey, data released by the Commerce Department Thursday morning showed.
The report said
factory orders surged up by 1.6 percent in
March, matching the upwardly revised jump seen in February.