Orders for manufactured goods in June amount to $2.7 billion
03 Aug '07
3 min read
Shipments: Shipments of manufactured durable goods in June, down following three consecutive monthly increases, decreased $2.5 billion or 1.2 percent to $211.5 billion, revised from the previously published 1.1 percent decrease. This followed a 0.2 percent May increase. Computers and electronic products, down four of the last five months, had the largest decrease, $1.4 billion or 4.2 percent to $32.0 billion.
Shipments of manufactured nondurable goods, down two of the last three months, decreased $0.2 billion or 0.1 percent to $202.9 billion. This was led by chemical products, which decreased $0.1 billion or 0.2 percent to $52.8 billion.
Unfilled Orders: Unfilled orders for manufactured durable goods in June, up twenty-five of the last twenty-six months, increased $10.4 billion or 1.4 percent to $736.1 billion, revised from the previously published 1.5 percent increase. This was also 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, $10.0 billion or 2.4 percent to $420.2 billion.
Inventories: Inventories of manufactured durable goods in June, up sixteen consecutive months, increased $0.4 billion or 0.1 percent to $313.1 billion, revised from the previously published 0.2 percent increase. 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 1.4 percent to $32.0 billion.
Inventories of manufactured nondurable goods, up four consecutive months, increased $1.2 billion or 0.6 percent to $203.9 billion. This was led by petroleum and coal products, which increased $0.5 billion or 1.4 percent to $34.6 billion. By stage of fabrication, June materials and supplies decreased 0.4 percent in durable goods and increased 0.9 percent in nondurable goods.
Work in process increased 0.3 percent in durable goods and decreased 0.1 percent in nondurable goods. Finished goods increased 0.5 percent in durable goods and 0.6 percent in nondurable goods.
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