The
US Census Bureau reported Tuesday that new orders for manufactured durable goods in June, following two consecutive monthly decreases, increased $7.7 billion or 3.4 percent to $234.9 billion, virtually unchanged from the previously published 3.4 percent increase. This followed a 2.3 percent May decrease. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $6.7 billion or 9.3 percent to $78.5 billion. New orders for manufactured nondurable goods increased $1.0 billion or 0.4 percent to $243.6 billion.
Shipments of manufactured durable goods in June, up following two consecutive monthly decreases, increased $1.2 billion or 0.5 percent to $240.0 billion, up from the previously published 0.1 percent increase. This followed a 0.4 percent May decrease. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $1.0 billion or 1.3 percent to $78.0 billion. Shipments of manufactured nondurable goods, up four of the last five months, increased $1.0 billion or 0.4 percent to $243.6 billion. This followed a virtually unchanged May increase. Petroleum and coal products, also up four of the last five months, led the increase, $0.7 billion or 1.4 percent to $53.0 billion.
Unfilled orders for manufactured durable goods in June, up following two consecutive monthly decreases, increased less than $0.1 billion or virtually unchanged to $1,194.7 billion, down from the previously published 0.1 percent increase. This followed a 0.5 percent May decrease. Transportation equipment, also up following two consecutive monthly decreases, drove the increase, $0.5 billion or 0.1 percent to $799.1 billion.
Inventories of manufactured durable goods in June, up twenty-four of the last twenty-five months, increased $2.6 billion or 0.6 percent to $403.0 billion, up from the previously published 0.4 percent increase. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.2 percent May decrease. Transportation equipment, up eighteen of the last nineteen months, led the increase, $1.6 billion or 1.2 percent to $131.8 billion. Inventories of manufactured nondurable goods, up three consecutive months, increased $1.0 billion or 0.4 percent to $250.6 billion. This followed a 0.5 percent May increase. Petroleum and coal products, up four of the last five months, led the increase, $0.9 billion or 2.3 percent to $39.4 billion.