US Durable Goods Orders Rise by $1.2B in April

Source: Census Bureau

The US recorded a total of $265.3 billion worth of durable goods orders in April, accelerating by 0.4% or $1.2 billion. The orders rose by 0.6% in March. SPY is up +0.46%, DXY is up +0.40%.

• The durable goods orders are estimated to have increased by 0.3%, excluding transportation. Transportation was the main driver of durable goods orders, with a surge of $0.6% or $0.6 billion to $86.7 billion.
• The orders also increased by 0.3%, excluding defense. The non-defense orders for capital goods increased by $0.4 billion or $0.4%, to $83.4 billion.
• Shipments rose by $0.3 billion or 0.1% to hit $264.3 billion, slower compared to a gain of 1.4% in March.
• The unfilled orders increased by $5.9 billion or $0.5%, to hit $1,106.7 billion. The increase was the same as March’s 0.5%.
• The stockpiles of manufactured durable goods saw a 0.8% or $3.6 billion increase to $479.4 billion, compared to a slightly higher 0.9% jump the previous month.