New orders for manufactured durable goods in June increased $3.0 billion or 1.4 percent to $217.1 billion, the U.S. Census Bureau announced. This was the fourth increase in the last five months and followed a 2.3 percent May decrease. Excluding transportation, new orders decreased 0.5 percent. Excluding defense, new orders increased 1.9 percent.
Transportation equipment, up following two consecutive monthly decreases, had the largest increase, $3.8 billion or 6.1 percent to $66.2 billion. This was led by nondefense aircraft and parts, which increased $4.1 billion.
Shipments: Shipments of manufactured durable goods in June, down following three consecutive monthly increases, decreased $2.3 billion or 1.1 percent to $212.5 billion. This followed a 0.6 percent May increase. Computers and electronic products, down four of the last five months, had the largest decrease, $1.4 billion or 4.0 percent to $32.8 billion.
Unfilled Orders: Unfilled orders for manufactured durable goods in June, up twenty-five of the last twenty-six months, increased $10.7 billion or 1.5 percent to $736.5 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.9 percent May increase.
Transportation equipment, up seventeen consecutive months, had the largest increase, $9.5 billion or 2.3 percent to $419.8 billion.
Inventories: Inventories of manufactured durable goods in June, up sixteen consecutive months, increased $0.7 billion or 0.2 percent to $313.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.1 percent May increase. Primary metals, up three of the last four months, had the largest increase, $0.5 billion or 1.7 percent to $32.1 billion.
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