US Factory Orders Rise Sharply as Expected
2025-05-02 14:05
By
Andre Joaquim
1 min. read
New order for US manufactured goods surged by 4.3% from the previous month to $618.8 billion in March of 2025, accelerating from the downwardly revise 0.5% increase from the previous month and loosely in line with market expectations of a 4.5% jump.
It was the sharpest increase since July of last year as clients expedited orders of goods before the aggressive tariffs by the White House kicked in during April and forced factories to raise prices.
Orders surged in durable goods industries (9.2% to $315.7 billion), carried by transportation equipment (27.1% to $124.6 billion), while softer increases were noted in primary metals (1.1% to $27.9 billion), fabricated metal products (0.1% to $37 billion) and machinery (0.1% to $37.8 billion).
On the other hand, orders fell for computers and electronic products (-1.3% to $25.4 billion).