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Thursday, August 13, 2020
HomeNewsEconomyMarch Durable Goods Orders Miss Expectations

March Durable Goods Orders Miss Expectations


American workers at a manufacturing plant for long-lasting durable goods. (PHOTO: REUTERS)

The Commerce Department reported Tuesday durable goods orders rose by 0.8% in March from the prior month, coming in lower than the estimate for a rise of 1.8%. Excluding the transportation component and orders decreased 0.2%. The estimate was for that part to increase by 0.5%.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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