Tuesday, June 18, 2013

The latest local news, weather and high school sports from the Heartland

Businesses boosted durable-goods orders in March
by MARTIN CRUTSINGER
Posted: 04.27.2011 at 8:00 AM
0

Businesses increased their orders for heavy machinery, computers, autos and steel in March, boosting demand for long-lasting manufactured goods for a third straight month.

The Commerce Department says durable-goods orders rose 2.5 percent in March. That's up from a small 0.7 percent increase the previous month.

A key category considered a proxy for business investment rose 3.7 percent after two lackluster months.

Orders for durable goods totaled $208.4 billion in March, 29.8 percent above the recession low hit in March 2009.

Popular Stories
Thumbnail
One in custody following report of a domestic disturbance
KTVO Newsdesk  |  Today at 3:01 PM  |  2 comments
Thumbnail
Oskaloosa man enters plea in death of infant
KTVO Newsdesk  |  Today at 2:04 PM  |  2 comments
Thumbnail
Man sentenced after guilty plea involving sex with minor
KTVO Newsdesk  |  Yesterday at 4:10 PM  |  1 comment
Follow Heartland Connection
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Best Bets Home & Ag
Home and Ag information from our experts
Your next car
View inventory from Lovegreen Ford Chrysler
Funeral Announcements
Announcements from area funeral homes
Best Bets Auto
Auto information from our experts
ADVERTISEMENT