U.S. sturdy goods orders rose $2.6 billion, or 0.8% month-over-month, in March to $318.9 billion, the U.S. Census Bureau reported Wednesday. This print followed a 1.2% decline recorded in February and exceeded market expectations for a 0.5% gain.
“Excluding transportation, new orders increased by 0.9 percent. Excluding defense, new orders decreased by 0.3 percent.” – we read in the press release. “Computers and electronic products, which rose eleven over the past twelve months, grew by $1.0 billion, or 3.7 percent, to $29.6 billion.”
Market reaction
This data does not seem to have a noticeable impact on the US dollar (USD). At the time of this publication, the USD index increased by 0.1% during the day, reaching 98.70.
