US factory orders and durable goods orders for March 2024 • Prior month 1.4% revised to 1.2% • Factory orders for March 1.6% versus 1.6% expected • Durable goods orders for March unrevised at 2.6% preliminary. Last month 0.7%. Best level since November 2023 • Durable goods ex transportation 0.2% versus 0.2% preliminary. Last month 0.1%. • Nondefense capital goods Ex air 0.1% versus 0.2% preliminary. Last month 0.4% • Factory orders ex transportation 0.5% versus 1.1% preliminary and 1.1% last month • Shipments 0.0% vs 0.2% preliminary and -0.6% last month. (full story)