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2014.04.2404:02:00UTC+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 bytransportation orders. Excluding transportation we forecast durablegoods orders rose 0.9%. Boeing received orders for 163 new aircraft inMarch, up by 89 from February, which we expect will boost transportationorders.

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



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