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Thursday, August 3, 2017

Manufactured Goods Orders Grew 3% in June

New orders for manufactured goods increased 3.0% to $481.1 billion in June, according to the U.S. Census Bureau. It followed a 0.3% decrease in each of the two previous months. June saw the largest gain in eight months.
New orders for manufactured durable goods increased 6.4%% to $245.8 billion in June. Orders for nondefense aircraft and parts drove the increase, jumping 131.1% to $25.3 billion.

Shipments of manufactured durable goods saw no significant change, remaining at $236.2 billion.

Inventories of manufactured durable goods, up eleven of the last twelve months, increased 0.5% to $397.4 billion.

Read the Census release.

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