U.S. Economic News
April 5, 2021
U.S. Economic Indicators
New factory orders for manufactured goods decreased 0.8% in February following a 2.7% (revised) increase in January. New orders excluding transportation ticked down 0.6%, while new orders for nondefense capital goods excluding aircraft fell 0.9%. Census Bureau Report
The ISM Services Index increased 8.4 points to an all-time high of 63.7 in March, indicating the tenth straight month of growth for the services sector. The New Orders Index increased 15.3 points to 67.2, while the Employment Index improved 4.5 points to 57.2. ISM Report