24.04.201404:02:00UTC+00Us Durable Goods Orders Likely Rose 3.0% in March

Quotes from Credit Agricole CIB:

-US durable goods orders likely rose 3.0% in March, boosted by�transportation orders. Excluding transportation we forecast durable�goods orders rose 0.9%. Boeing received orders for 163 new aircraft in�March, up by 89 from February, which we expect will boost transportation�orders.

-Apart from that, the new orders index in the March ISM�manufacturing survey moved 0.6 points higher to 55.1, indicating a pick-up in�new orders during the month. Outside of transportation, durable goods�production was strong in the March Industrial Production report increase,�suggesting moderate gains for core new orders.�