(08-26-19) The U.S. Census Bureau announces the July advance report on manufacturers’ shipments, inventories and orders: New Orders – New orders for manufactured durable goods in July increased $5.0 billion or 2.1 percent to $250.4 billion, the U.S. Census Bureau announced today. This increase, up two consecutive months, followed a 1.8 percent June increase. Excluding transportation, new orders decreased 0.4 percent. Excluding defense, new orders increased 1.4 percent. Transportation equipment, also up two consecutive months, drove the increase, $5.7 billion or 7.0 percent to $86.3 billion. Shipments – Shipments of manufactured durable goods in July, down following two consecutive monthly increases, decreased $2.9 billion or 1.1 percent to $254.0 billion. This followed a 1.0 percent June increase. Transportation equipment, also down following two consecutive monthly increases, led the decrease, $1.8 billion or 2.1 percent to $86.4 billion. Unfilled Orders – Unfilled orders for manufactured durable goods in July, up following three consecutive monthly decreases, increased $0.7 billion or 0.1 percent to $1,161.6 billion. This followed a 0.6 percent June decrease. Fabricated metal products, up two consecutive months, led the increase, $0.4 billion or 0.4 percent to $86.5 billion. Inventories – Inventories of manufactured durable goods in July, up twelve of the last thirteen months, increased $1.5 billion or 0.4 percent to $427.3 billion. This followed a 0.3 percent June increase. Transportation equipment, also up twelve of the last thirteen months, led the increase, $1.4 billion or 1.0 percent to $141.1 billion. Capital Goods – Nondefense new orders for capital goods in July increased $3.6 billion or 5.0 percent to $75.8 billion. Shipments decreased $2.3 billion or 3.0 percent to $74.4 billion. Unfilled orders increased $1.4 billion or 0.2 percent to $693.6 billion. Inventories increased $1.4 billion or 0.7 percent to $190.5 billion. Defense new orders for capital goods in July increased $1.5 billion or 14.4 percent to $11.8 billion. Shipments decreased $0.3 billion or 2.3 percent to $12.6 billion. Unfilled orders decreased $0.8 billion or 0.5 percent to $155.9 billion. Inventories increased $0.3 billion or 1.3 percent to $24.0 billion. Revised June Data – Revised seasonally adjusted June figures for all manufacturing industries were: new orders, $493.8 billion (unchanged); shipments, $505.4 billion (revised from $506.2 billion); unfilled orders, $1,161.0 billion (revised from $1,160.2 billion) and total inventories, $695.4 billion (revised from $695.6 billion).
Durable Goods – Shipments and New Orders – (08-26-19)
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