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Durable Goods Orders Up 1% in June

Posted 07/30/2018
New orders for manufactured durable goods in June increased $2.5 billion, or 1.0 percent, to $251.9 billion, according to the U.S. Census Bureau. This increase, up following two consecutive monthly decreases, followed a 0.3 percent May decrease. Excluding transportation, new orders increased 0.4 percent. Excluding defense, new orders increased 1.5 percent. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $1.9 billion or 2.2 percent to $87.7 billion.

The revised seasonally adjusted May figure for all manufacturing industries for new orders was $498.4 billion, revised from $498.2 billion.

To read the full report, visit https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf
Author
ELFA Editorial Staff