(07-26-18)
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 $2.5 billion or 1.0 percent to $251.9 billion, the U.S. Census Bureau announced today. 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. Shipments – Shipments of manufactured durable goods in June, up ten of the last eleven months, increased $4.1 billion or 1.7 percent to $251.6 billion. This followed a 0.2 percent May increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $3.1 billion or 3.8 percent to $85.3 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in June, up seven of the last eight months, increased $4.4 billion or 0.4 percent to $1,165.1 billion. This followed a 0.5 percent May increase. Transportation equipment, also up seven of the last eight months, led the increase, $2.4 billion or 0.3 percent to $802.3 billion. Inventories – Inventories of manufactured durable goods in June, down following seventeen consecutive monthly increases, decreased $0.4 billion or 0.1 percent to $402.8 billion. This followed a 0.3 percent May increase. Transportation equipment, down following two consecutive monthly increases, drove the decrease, $1.8 billion or 1.4 percent to $126.9 billion. Capital Goods – Nondefense new orders for capital goods in June increased $1.8 billion or 2.3 percent to $78.6 billion. Shipments increased $1.8 billion or 2.3 percent to $78.4 billion. Unfilled orders increased $0.2 billion or virtually unchanged to $714.2 billion. Inventories decreased $1.7 billion or 1.0 percent to $174.8 billion. Defense new orders for capital goods in June decreased $1.6 billion or 11.6 percent to $12.0 billion. Shipments decreased $0.1 billion or 0.7 percent to $11.5 billion. Unfilled orders increased $0.5 billion or 0.3 percent to $147.7 billion. Inventories increased $0.4 billion or 1.9 percent to $22.9 billion. Revised May Data – Revised seasonally adjusted May figures for all manufacturing industries were: new orders, $498.4 billion (revised from $498.2 billion); shipments, $496.5 billion (revised from $496.1 billion); unfilled orders, $1,160.7 billion (revised from $1,160.8 billion) and total inventories, $668.4 billion (unchanged).