LONGVIEW– New domestic orders for manufactured durable goods in March 2013 decreased 5.7 percent, to $216.3 billion. Excluding transportation, new orders decreased 1.4 percent. Overall shipments increased 0.4 percent, and capital goods shipments rose 1.9 percent. Unfilled orders decreased 0.6 percent, and inventories rose 0.1 percent in March.
The Advance Report on Durable Goods, issued monthly, with revisions, is derived from data gathered by the U.S. Census Bureau measuring the number of orders for a
broad range of products—from computers and furniture to autos and defense aircraft—with an expected life of at least three years. This Manufacturers’ Shipments, Inventories, and Orders (M3) survey provides broad-based, monthly statistical data on economic conditions in the domestic manufacturing sector. The survey measures current industrial activity and provides an indication of fture business trends. Organizations and investors rely upon economic indicators to make decisions. It’s important to put business and economic decisions into a global context. For more information about personal finance, contact Bryant Wealth Management, Inc.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., a Washington-State Registered Investment Adviser. Bryant provides independent, fee-only, financial planning services, investment supervisory services, and educational resources for individuals and small organizations. Chris is an award-winning speaker and the author of his new book, Personal Financial Planning. Since 1999, Chris has devoted his professional practice to helping people make money, save
money, protect money, have convenience, and peace of mind. Connect with Chris.
Chris Bryant is an American financial advisor.