According to the latest data released on April 24, 2024, the Goods Orders Non-Defense Ex Air in the United States for the month of March 2024 has decreased to 0.2%. This marks a decline from the previous indicator of 0.7% in February 2024. The comparison, which is month-over-month, reflects the change in orders for March compared to February.
The decrease in Goods Orders Non-Defense Ex Air could indicate a slowdown in certain sectors of the economy. This data is closely watched by analysts and investors as it provides insights into the overall health of the manufacturing and production industries in the US. While a decrease in orders could point to potential challenges, it is essential to monitor future data releases to assess the trend and its implications for the broader economy.
