The gain was much stronger than expected. Economists surveyed by the Wall Street Journal were expecting a 1% increase.
The factory sector has been a bright spot during the pandemic and its aftermath. Factor orders have risen in 22 of the past 23 months. Durable-goods orders rose a revised 1.1% in March, revised from the initial estimate of a 0.8% gain. Durable goods orders are up in five of the past 6 months.A key indicator of business investment, orders for nondefense capital goods, excluding aircraft, rose a revised 1.3% in March, up from the prior reading of a 1% gain .
Stocks DJIA, -0.16% SPX, +0.13% opened mixed on Tuesday as the Fed’s two-day policy meeting was set to get underway.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 20 Electric Cars In The World — March 2022 (Charts)Global plugin vehicle registrations were up 60% in March 2022 compared to March 2021. There were 851,000 registrations, the second best month ever, representing 15% share of the overall auto market (11% BEV share), which Japanese OEMs nowhere to be seen. What a shame, Toyota
Source: cleantechnica - 🏆 565. / 51 Read more »
Fallen Chicago Police Officers are honored at the St. Jude Police League Memorial March and ServiceChicago Police Department members, along with members of other local and state law enforcement agencies participate in the annual St. Jude Memorial March on May 1, 2022. The memorial march commemorates the lives and memories of Chicago Police Officers who sacrificed their lives in service to the people of the City of Chicago. This is the first memorial march following a two-year hiatus due to the COVID-19 pandemic.
Source: chicagotribune - 🏆 8. / 91 Read more »
March held in Brooklyn to honor 12-year-old boy shot while eating dinner in carThey marched to honor Kade Lewin, the 12-year-old who was innocently shot dead while eating dinner in a parked car in March. Sunday would have been his 13th birthday.
Source: ABC7NY - 🏆 592. / 51 Read more »
Houston Metro ridership surged in March, and it wasn't just from RodeoHouston.Houston’s steep drop in transit use may have turned a corner in March, Metro’s monthly analysis shows, as thousands of riders made their way to the rodeo and returned to the office.
Source: HoustonChron - 🏆 609. / 51 Read more »
Cardano (ADA) Whales Gained Over 190 Million ADA Since March: DetailsCardano whales grabbed 190 million ADA in March, which is the first upward movement since 2021 babydoge feg kishu elon BTT SHIB
Source: Utoday_en - 🏆 295. / 63 Read more »
St. Jude Memorial March honoring fallen Chicago police officers kicks offThe 2022 St. Jude Memorial March honoring fallen Chicago Police Department officers kicked off on DuSable Lake Shore Drive. Mayor didn't show up Lowest turn out in 20 years
Source: ABC7Chicago - 🏆 284. / 63 Read more »