US Durable Goods Orders Jumped 4 Percent in March

April 24, 2015 12:52 PM

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Orders to U.S. factories for long-lasting manufactured goods increased by the largest amount in eight months. But a key category that tracks business investment plans dropped for a seventh month, suggesting that manufacturing is still struggling through a soft patch.

Orders for durable goods rebounded 4 percent in March after having fallen 1.4 percent in February, the Commerce Department reported Friday. The result was led by a big jump in demand for commercial aircraft. Outside of the transportation category, orders were down for a sixth straight month.

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