Financial News: U.S. Factory Orders Spike Slightly Less Than Expected

U.S. Factory Orders Spike Slightly Less Than Expected In March

05/02/2025 - 10:20:00 (RTTNews)

(RTTNews) - The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March.

The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.

However, economists had expected factory orders to surge by 4.5 percent compared to the 0.6 percent increase originally reported for the previous month.

The substantial increase by factory orders came as orders for durable goods shot up by 9.2 percent in March after climbing by 0.8 percent in February.

Orders for transportation equipment led the way higher, soaring by 27.1 percent, as orders for non-defense aircraft and parts skyrocketed by 139.0 percent.

Meanwhile, the Commerce Department said orders for non-durable goods dipped by 0.3 percent in March after inching up by 0.1 percent in February.

The report also said shipments of manufactured goods edged down by 0.1 percent in March following a 0.7 percent increase in February.

Inventories of manufactured goods crept up by 0.1 percent in March, matching the uptick seen in the previous month.

With inventories and shipments both little changed, the inventories-to-shipments ratio was unchanged at 1.45 in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Brazil Manufacturing Activity Nears Stabilization (11 hr(s), 27 min(s), 10 sec(s) ago)
(RTTNews) - The Brazilian manufacturing economy remained broadly stagnant in April amid renewed de ...Full Story»

U.S. Factory Orders Spike Slightly Less Than Expected In March (11 hr(s), 44 min(s), 10 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Friday showing a sharp increase by new or ...Full Story»

Greece Manufacturing Growth Remains Solid In April (12 hr(s), 36 min(s), 10 sec(s) ago)
(RTTNews) - Greece's manufacturing activity continued to expand strongly in April despite rela ...Full Story»

U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected (12 hr(s), 38 min(s), 10 sec(s) ago)
(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, accordi ...Full Story»

Eurozone Inflation Remains Stable At 2.2% (13 hr(s), 02 min(s), 10 sec(s) ago)
(RTTNews) - Euro area annual inflation remained stable in April near the European Central Bank' ...Full Story»

Eurozone Manufacturing Activity Shrinks At Slower Pace (13 hr(s), 14 min(s), 10 sec(s) ago)
(RTTNews) - Euro area factory activity contracted at a slower pace in April as production grew at ...Full Story»

U.S. Employment Jumps Much More Than Expected In April (13 hr(s), 27 min(s), 10 sec(s) ago)
(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, accordi ...Full Story»

Portugal Economic Growth Eases, Inflation Rises Slightly (13 hr(s), 41 min(s), 10 sec(s) ago)
(RTTNews) - Portugal's economy expanded at a slower pace in the first quarter of 2025, while ...Full Story»