(07-26-19)
The U.S. Census Bureau announces the June advance report on manufacturers’ shipments, inventories and orders: New Orders – 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 today. 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 – 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. Unfilled Orders – Unfilled orders for manufactured durable goods in June, down four of the last five months, decreased $7.8 billion or 0.7 percent to $1,160.4 billion. This followed a 0.8 percent May decrease. Transportation equipment, also down four of the last five months, drove the decrease, $8.3 billion or 1.0 percent to $792.6 billion. Inventories – Inventories of manufactured durable goods in June, up eleven of the last twelve months, increased $1.3 billion or 0.3 percent to $425.8 billion. This followed a 0.5 percent May increase. Transportation equipment, also up eleven of the last twelve months, led the increase, $1.1 billion or 0.8 percent to $139.6 billion. Capital Goods – Nondefense new orders for capital goods in June increased $3.3 billion or 4.8 percent to $72.1 billion. Shipments increased $1.1 billion or 1.5 percent to $77.3 billion. Unfilled orders decreased $5.1 billion or 0.7 percent to $691.6 billion. Inventories increased $1.2 billion or 0.6 percent to $189.2 billion. Defense – new orders for capital goods in June decreased $2.1 billion or 16.3 percent to $10.8 billion. Shipments – decreased less than $0.1 billion or 0.3 percent to $13.0 billion. Unfilled orders decreased $2.2 billion or 1.4 percent to $157.1 billion. Inventories increased $0.3 billion or 1.3 percent to $23.8 billion. Revised May Data – Revised seasonally adjusted May figures for all manufacturing industries were: new orders, $491.1 billion (revised from $493.6 billion); shipments, $504.7 billion (revised from $504.3 billion); unfilled orders, $1,168.2 billion (revised from $1,171.1 billion) and total inventories, $694.1 billion (unchanged).