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Durable Goods Orders Up 0.7% in June

Posted 07/25/2014

 New orders for manufactured durable goods in June increased $1.8 billion or 0.7 percent to $239.9 billion, the U.S. Census Bureau announced. This increase, up four of the last five months, followed a 1.0 percent May decrease. Excluding transportation, new orders increased 0.8 percent. Excluding defense, new orders increased 0.7 percent.

Machinery, up following two consecutive monthly decreases, led the increase, $0.9 billion or 2.4 percent to $37.3 billion.

The revised seasonally adjusted May figure for all manufacturing industries for new orders was $497.0 billion, revised from $497.7 billion.

To read the full release, go to http://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf

 

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