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Durable Goods Orders Up 2% in June

Posted 07/26/2019
New orders for manufactured durable goods in June increased $4.9 billion or 2.0 percent to $246.0 billion, the U.S. Census Bureau announced. This increase, up following two consecutive monthly decreases, followed a 2.3 percent May decrease. Excluding transportation, new orders increased 1.2 percent. Excluding defense, new orders increased 3.1 percent. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $3.0 billion or 3.8 percent to $80.5 billion.

Shipments of manufactured durable goods in June, up two consecutive months, increased $3.5 billion or 1.4 percent to $258.2 billion. This followed a 0.5 percent May increase. Transportation equipment, also up two consecutive months, led the increase, $2.6 billion or 3.1 percent to $88.8 billion.

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