Manufacturing new orders were up 0.6% MoM in February, above expectations of an 0.5% MoM increase.

• Durable goods new orders were up 1.0% MoM, revised up from the first estimate of 0.9% MoM. Ex-transport new orders were up 0.4% MoM, below expectations of an 0.7% MoM increase.
• Nondurable new orders and shipments were both up 0.3% MoM.
• Consumer goods new orders were up 0.9% MoM led by a 4.4% MoM increase in consumer durable goods.
• Nondefense capital goods (ex-aircraft) new orders fell -0.2% MoM but shipments were up 0.8% MoM.