New orders for durable goods in the U.S. for March fell at the largest rate in several years, according to figures released Wednesday by the Commerce Department.
Advance estimates of new durable goods orders for the month came in at $202.6 billion, a 4.2 percent decrease from February levels, marking the largest monthly decline since January 2009.
Most economists had predicted durable goods orders to fall from February levels but the market generally expected a much less severe drop of around 1.5 percent.
New orders of durable goods outside of the transportation sector were also down, falling 1.1 percent.
Overall non-defense orders for new durable goods fell 4.6 percent in March, the largest drop since August 2009.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.