FX.co ★ US Durable Goods Orders Surge in March 2024, Up 2.6%

The latest data on Durable Goods Orders in the United States for March 2024 has shown a significant increase of 2.6%, surpassing the previous indicator of 1.4% in February 2024. The updated figures, released on April 24, 2024, indicate a positive trend in the manufacturing sector. The comparison, conducted on a month-over-month basis, highlights the growth in demand for long-lasting products, ranging from appliances to machinery. This surge in orders is a promising sign for the US economy, indicating potential strength in consumer spending and business investment in the coming months.