US durable goods orders up 1.4% in February - Breaking The News

US durable goods orders up 1.4% in February

26 March

1 min read

EPA / JUSTIN LANE

Durable goods orders in the United States rose by 1.4% or $3.7 billion in February, landing at $277.9 billion, a report published by the United States Census Bureau on Tuesday showed.

Transportation equipment led the increase, up 3.3% or $2.9 billion in comparison to the previous month, coming in at $90.4 billion. Excluding transportation, new orders rose 0.5% month on month and excluding defense, they went up by 2.2%.

Meanwhile, shipments of manufactured durable goods grew by 1.2% to $282.7 billion in February, and transportation equipment led the increase, improving by 4.0% to $89.8 billion.

durable goods orders data durable goods

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