According to the U.S. Census Bureau, new orders for manufactured durable goods in June decreased $9.3 billion or 4.0% to $219.8 billion. This decrease, down two consecutive months, followed a 2.8% May decrease. Excluding transportation, new orders decreased 0.5%. Excluding defense, new orders decreased 3.9%.
Transportation equipment, also down two consecutive months, led the decrease, $8.5 billion or 10.5% to $72.2 billion.
Shipments of manufactured durable goods in June, up two of the last three months, increased $0.9 billion or 0.4% to $232.5 billion. This followed a 0.3% May decrease. Transportation equipment, also up two of the last three months, drove the increase, $1.1 billion or 1.4% to $81.2 billion.
Unfilled orders for manufactured durable goods in June, down following three consecutive monthly increases, decreased $9.7 billion or 0.9% to $1,127.9 billion. This followed a virtually unchanged May increase.
Inventories of manufactured durable goods in June, down 11 of the last 12 months, decreased $0.7 billion or 0.2% to $381.5 billion. This followed a 0.4% May decrease.
Nondefense new orders for capital goods in June decreased $8.2 billion or 11.3% to $64.8 billion. Shipments decreased $1.0 billion or 1.3% to $71.8 billion. Unfilled orders decreased $7.0 billion or 1.0% to $700.5 billion. Inventories decreased $1.1 billion or 0.6% to $169.6 billion.
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