US Factory Orders Rise More than Expected
2026-05-04 14:04
By
Joana Ferreira
1 min. read
US factory orders rose 1.5% month-over-month to $630.4 billion in March 2026, beating market expectations of 0.5% and following an upwardly revised 0.3% increase in February.
New orders for manufactured durable goods increased 0.8% to $318.9 billion, ending three straight months of declines.
Computers and electronic products surged 3.6%, the most since March 2001, with electromedical, measuring, and control instruments up 7.9% to a record high amid an AI investment boom and data center construction.
Transport equipment orders also rose 0.8%, led by vehicles (0.9%), defense aircraft and parts (17.8%), and ships and boats (30.9%).
Gains were also seen in machinery (0.9%), electrical equipment, appliances, and components (0.8%), and primary metals (0.5%).
Nondurable goods orders rose 2.1% to $311.5 billion, the highest level since October 2022.
Excluding transportation, factory orders grew 1.6% in March, while excluding defense, orders rose 0.9%.