Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Economic Watch: Factory Orders Drop Again

New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
June 2, 2015
Economic Watch: Factory Orders Drop Again

 

2 min to read


New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.

This follows a 2.2% increase in March from February, according to the U.S. Commerce Department report released Tuesday.

Ad Loading...

New orders to factories for long-lasting manufactured durable goods dropped 1% in April from March, the second decline out of the last three months. It was led by a 2.4% decline in transportation orders.

The level of shipments of manufactured goods was virtually unchanged in April compared to March’s gain of 0.5% from February.

Shipments of manufactured durable goods fell 0.2% in April, a decline from the 0.1% earlier reported by the Commerce Department. This is the third drop out of the last four months; March was the exception, with shipments up 1.5%.

Ad Loading...

The report also showed orders for non-defense capital goods excluding aircraft, seen as an indication of business confidence and spending plans, fell 0.3% in April, revised downward from a 1% gain in an earlier advance report. Shipments for these goods were also revised downward, showing only a 0.5% increase in April instead of the previously reported 0.8% gain.

Some analysts are blaming the report on a stronger U.S. dollar, which makes the cost of domestically produced goods more expensive overseas. In addition, lower oil prices have hurt demand for petroleum-related equipment.

The good news is, a separate report from Monday and a first look at manufacturing for May show conditions are getting better.

The Institute for Supply Management Purchasing Manager’s Index registered 52.8% for month, an increase of 1.3 percentage points over the April reading of 51.5%. The latest reading is the highest in three months. American Trucking Associations Chief Economist Bob Costello called this news “good for trucking" in his Twitter feed.

More Fleet Management

A woman holding a tablet with a screen showing rectangles of various colors
SponsoredSeptember 16, 2026

Color Match Smarter: Tools That Restore & Perform

For fleet managers and collision repair professionals keeping heavy-duty trucks on the road, getting the color right the first time isn't just about appearance — it's about efficiency, turnaround time, and bottom-line results. Discover how today's digital color tools are transforming the repair process from guesswork to precision.

Read More →
Mobile tablet showing Motus screen against highway background with Motus logo
Fleet Managementby StaffSeptember 15, 2026

FMCSA Pauses Biennial-Update Enforcement Amid Motus Transition

Carriers whose updates were due on or after June 1 have more time, while FMCSA works to stabilize its new registration system and warns of phishing sites impersonating its new carrier registration system, Motus.

Read More →
Geotab Whitepaper Cargo Theft Cover
SponsoredSeptember 14, 2026

2026 Blueprint for Countering Smarter Supply Chain Theft

Cargo theft is no longer just the cost of doing business. It's a multi-billion-dollar criminal enterprise exploiting vulnerabilities across your fleet, drivers, and supply chain.

Read More →
Ad Loading...
A monitor with a bar graph with a person sitting next to it wearing a headset.
SponsoredSeptember 1, 2026

How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets

Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.

Read More →
Graphic with U.S. and Canadian flags over background illustration of an ink-stamp that says Tariffs.
Equipmentby Deborah LockridgeAugust 24, 2026

What the U.S.-Canada Trade War Means for Trucking

Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.

Read More →
Fleet Managementby News/Media ReleaseAugust 24, 2026

What Are Trucking’s Top Concerns for 2026?

The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.

Read More →
Ad Loading...
Four men in suits on the National Mall with giant video screen showing capitol building in the background
Fleet Managementby Deborah LockridgeAugust 24, 2026

American Trucking Associations Looks for a New Leader

ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.

Read More →
The Cyber Stop column header with photo of a smiling driver in truck with a laptop and a wi-fi icon
Fleet ManagementAugust 21, 2026

Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data

Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.

Read More →
Woman in white blazer superimposed on background showing a row of Fraley & Schilling truck, plus the HDT Truck Fleet Innovators 2026 logo
Fleet Managementby Deborah LockridgeAugust 19, 2026

For Nicky Cupp, Fleet Innovation Starts With Frustration

HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.

Read More →
Ad Loading...
Headshot of Adam Buttgenbach with a Pepsi-branded Tesla Semi in the background
Fleet Managementby Deborah LockridgeAugust 18, 2026

Adam Buttgenbach’s Approach to Electric Trucks: Start With Where They Fit

HDT Truck Fleet Innovator Adam Buttgenbach helped PepsiCo build one of North America’s largest EV fleets by focusing on where electric trucks make operational sense.

Read More →