Shipments of manufactured durable goods in March, up ten of the last eleven months, increased $3.3 billion or 1.2 percent to $274.2 billion.
After over a 60% decline in shipments of Motor Vehicles and Parts early in the pandemic, shipments of Motor Vehicles and Parts were up 11% in nominal terms since January 2020.
Nondefense Capital Goods Excluding Aircraft shipments were up 22% over the same period.
Source: U.S. Census Bureau
#economy #fred #shipping
It's amazing how big the initial drop in Motor Vehicles and Parts was
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