According to the U.S. Census Bureau, new orders for manufactured durable goods in June increased $7.7 billion or 3.4% to $235.3 billion. Transportation equipment led the increase, $6.4 billion or 8.9%.
The U.S. Census Bureau announced new orders for manufactured durable goods in June increased $7.7 billion or 3.4% to $235.3 billion.
This increase, up following two consecutive monthly decreases, followed a 2.1% May decrease. Excluding transportation, new orders increased 0.8%. Excluding defense, new orders increased 3.8%.
Transportation equipment, also up following two consecutive monthly decreases, led the increase, $6.4 billion or 8.9% to $78.4 billion.
Shipments of manufactured durable goods in June, were up following two consecutive monthly decreases, increased $0.3 billion or 0.1% to $239.4 billion. This followed a 0.3% May decrease.
Transportation equipment, also up following two consecutive monthly decreases, drove the increase, $0.4 billion or 0.5% to $77.5 billion.
Unfilled orders for manufactured durable goods in June, up following two consecutive monthly decreases, increased $1.0 billion or 0.1% to $1,195.8 billion. This followed a 0.5% May decrease.
Transportation equipment, also up following two consecutive monthly decreases, led the increase, $0.8 billion or 0.1 percent to $799.5 billion.
Inventories of manufactured durable goods in June, up twenty-four of the last twenty-five months, increased $1.6 billion or 0.4% to $402.3 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.2% May decrease.
Transportation equipment, up two of the last three months, led the increase, $0.7 billion or 0.5 percent to $130.8 billion.
Capital Goods
Nondefense new orders for capital goods in June increased $6.9 billion or 9.4% to $80.8 billion. Shipments decreased $0.1 billion or 0.2% to $78.6 billion. Unfilled orders increased $2.2 billion or 0.3% to $759.2 billion. Inventories increased $1.0 billion or 0.6% to $177.5 billion.
Defense new orders for capital goods in June decreased $0.2 billion or 2.5% to $8.8 billion. Shipments increased $0.4 billion or 3.8% to $9.9 billion. Unfilled orders decreased $1.1 billion or 0.7% to $149.6 billion. Inventories increased $0.1 billion or 0.3% to $21.9 billion.
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