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New orders for manufactured goods decreased in June | ABA Banking Journal

New orders for manufactured goods in June, down two consecutive months, decreased $2. 3 billion or 0. 3% to $656. 5 billion, the U. S. Census Bureau reported. This followed a 1. 1% decrease in May. New orders for manufactured durable goods in June, up three of the last four months, increased $1. 6 billion or 0. 5% to $335. 4 billion, up from […]

By Ryan Lee · · 2 min read

New orders for manufactured goods decreased in June | ABA Banking Journal

New orders for manufactured goods in June, down two consecutive months, decreased $2. 3 billion or 0. 3% to $656. 5 billion, the U. S. Census Bureau reported. This followed a 1. 1% decrease in May. New orders for manufactured durable goods in June, up three of the last four months, increased $1. 6 billion or 0. 5% to $335. 4 billion, up from the previously published 0. 3% increase. This followed a 4. 0% May decrease. Computers and electronic products, up nine of the last ten months, led the increase, $1. 0 billion or 3. 2% to $31. 1 billion. New orders for manufactured nondurable goods decreased $3. 9 billion or 1. 2% to $321. 1 billion. Shipments of manufactured durable goods in June, up nine of the last ten months, increased $2. 8 billion or 0. 8% to $331. 0 billion, up from the previously published 0. 7% increase. This followed a 1. 1% May increase. Computers and electronic products, up nine consecutive months, led the increase, $0. 8 billion or 2. 5%, to $34. 7 billion. Shipments of manufactured nondurable goods, down following six consecutive monthly increases, decreased $3. 9 billion or 1. 2% to $321. 1 billion. Unfilled orders for manufactured durable goods in June, up twenty-three of the last twenty-four months, increased $9. 6 billion or 0. 6% to $1,590. 6 billion, unchanged from the previously published increase. This followed a 0. 7% May increase. Transportation equipment, up ten of the last eleven months, led the increase, $4. 0 billion or 0. 4% to $1,002. 4 billion. Inventories of manufactured durable goods in June, up nine consecutive months, increased $2. 1 billion or 0. 3% to $602. 1 billion, unchanged from the previously published increase. This followed a 0. 1% May increase. Transportation equipment, up eight of the last nine months, led the increase, $0. 8 billion or 0. 4%, to $190. 7 billion. Inventories of manufactured nondurable goods, down following four consecutive monthly increases, decreased $1. 2 billion or 0. 3% to $360. 9 billion. Read the Censusrelease.

Source: bankingjournal.aba.com

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