(08-25-21) The U.S. Census Bureau announces the July advance report on durable goods manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in July decreased $0.4 billion or 0.1 percent to $257.2 billion, the U.S. Census Bureau announced today. This decrease, down following two consecutive monthly increases, followed a 0.8 percent June increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, new orders decreased 1.2 percent. Transportation equipment, also down following two consecutive monthly increases, drove the decrease, $1.7 billion or 2.2 percent to $75.3 billion. Shipments – Shipments of manufactured durable goods in July, up four of the last five months, increased $5.6 billion or 2.2 percent to $257.8 billion. This followed a 1.6 percent June increase. Transportation equipment, up two consecutive months, led the increase, $3.4 billion or 4.6 percent to $75.9 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in July, up six consecutive months, increased $3.9 billion or 0.3 percent to $1,225.4 billion. This followed a 0.8 percent June increase. Machinery, up sixteen consecutive months, led the increase, $2.3 billion or 2.1 percent to $109.2 billion. Inventories – Inventories of manufactured durable goods in July, up six consecutive months, increased $2.7 billion or 0.6 percent to $453.6 billion. This followed a 0.9 percent June increase. Primary metals, up twelve consecutive months, led the increase, $0.8 billion or 1.9 percent to $40.0 billion. Capital Goods – Nondefense new orders for capital goods in July decreased $7.0 billion or 8.0 percent to $80.6 billion. Shipments increased $0.3 billion or 0.4 percent to $79.4 billion. Unfilled orders increased $1.2 billion or 0.2 percent to $742.2 billion. Inventories increased $0.5 billion or 0.2 percent to $200.1 billion. Defense new orders for capital goods in July increased $2.1 billion or 20.5 percent to $12.5 billion. Shipments increased $0.7 billion or 5.8 percent to $12.6 billion. Unfilled orders decreased $0.2 billion or 0.1 percent to $188.7 billion. Inventories increased $0.2 billion or 1.2 percent to $20.9 billion. Revised June Data – Revised seasonally adjusted June figures for all manufacturing industries were: new orders, $505.9 billion (revised from $506.0 billion); shipments, $500.5 billion (revised from $499.0 billion); unfilled orders, $1,221.5 billion (revised from $1,223.1 billion) and total inventories, $740.7 billion (unchanged).
Durable Goods – Shipments and New Orders (08-25-21)
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