New orders for US manufactured goods in June, up following two consecutive monthly decreases, increased $3.1 billion or 0.6 percent to $493.8 billion, the US Census Bureau reported today. This followed a 1.3 percent May decrease.
Shipments, up four of the last five months, increased $1.9 billion or 0.4 percent to $506.2 billion. This followed a 0.1 percent May increase.
Unfilled orders, down four of the last five months, decreased $8.0 billion or 0.7 percent to $1,160.2 billion. This followed a 0.8 percent May decrease. The unfilled orders‐to‐shipments ratio was 6.53, down from 6.62 in May.
Inventories, up nine of the last 10 months, increased $1.3 billion or 0.2 percent to $695.6 billion. This followed a 0.2 percent May increase. The inventories‐to‐shipments ratio was 1.37, down from 1.38 in May.