New orders for made long lasting products in April increased $1.2 billion or 0.4% to $265.3 billion, the U.S. Census Bureau revealed today. This boost, up 6 of the last eleven months, followed a 0.6% March boost. Excluding transport, brand-new orders increased 0.3%. Excluding defense, brand-new orders increased 0.3%. Transportation devices, up following 2 successive month-to-month reductions, led the boost, increasing $0.6 billion, or 0.6%, to an overall of $86.7 billion.
Shipments of made long lasting products in April, up eleven of the last twelve months, increased $0.3 billion to an overall of $264.3 billion. This followed a 1.4% March boost.
Inventories of made long lasting products in April, up fifteen successive months, increased $3.6 billion or 0.8% to $479.4 billion.
Read the Census release.
