According to the U.S. Census Bureau, new orders for manufactured durable goods in June increased $14.9 billion, or 6.5%, to $245.6 billion. This increase, up following two consecutive monthly decreases, followed a 0.1% May decrease. Excluding transportation, new orders increased 0.2%

Excluding defense, new orders increased 6.7%. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $14.6 billion, or 19.0%, to $91.6 billion.

Shipments of manufactured durable goods in June, down three of the last four months, decreased $0.1 billion, virtually unchanged, to $236.0 billion. This followed a 1.2% May increase. Transportation equipment, down five of the last six months, drove the decrease, $0.4 billion, or 0.6%, to $78.8 billion.

Unfilled orders for manufactured durable goods in June, up three of the last four months, increased $14.2 billion, or 1.3%, to $1,135.6 billion. This followed a 0.1% May decrease. Transportation equipment, also up three of the last four months, led the increase, $12.8 billion, or 1.7%, to $776.8 billion.

Inventories of manufactured durable goods in June, up 11 of the last 12 months, increased $1.6 billion, or 0.4%, to $397.0 billion. This followed a 0.1% May increase. Machinery, up seven of the last eight months, led the increase, $0.8 billion, or 1.2%, to $68.3 billion.

Nondefense new orders for capital goods in June increased $14.7 billion, or 21.0%, to $84.6 billion. Shipments increased $0.3 billion, or 0.4%, to $70.9 billion. Unfilled orders increased $13.8 billion, or 2.0%, to $709.8 billion. Inventories increased $1.0 billion, or 0.6%, to $177.6 billion.

Defense new orders for capital goods in June increased $0.4 billion, or 3.8%, to $9.7 billion. Shipments decreased $0.2 billion, or 2.2%, to $10.0 billion. Unfilled orders decreased $0.3 billion, or 0.2%, to $140.3 billion. Inventories increased less than $0.1 billion, or 0.1%, to $22.5 billion.